Cryptocurrency policy under Trump: Lots of promises, few concrete plans

Analysis The 2024 presidential election tipped the United States into a new era of uncertainty, but one thing's for sure: The crypto industry was triumphant. 

Hundreds of pro-crypto lawmakers were elected earlier this month, alongside Donald Trump's victory in the presidential race. The cryptocurrency industry reportedly spent millions of dollars (in fiat currency, ironically) supporting candidates and platforms advocating for policies that could expand the Bitcoin-driven cryptocurrency sector.

Shortly after Trump's election victory, Bitcoin advocates from the non-profit Satoshi Action Fund sent out an email congratulating the industry, while CEO Dennis Porter talked up legislative priorities alongside the promise that "our team will have direct lines to senior government officials" in the coming years. 

That naturally raises the question of what sort of policies the cryptocurrency world would like to see enacted in Trump's second term behind the Resolute desk. We pinned Porter down to discuss ...