Crypto Industry Seeks Influence in Trump’s Advisory Council Amid Policy Overhaul 👍🏻
Crypto firms like Ripple, Kraken, Circle, and Coinbase are vying for positions on President-elect Donald Trump’s proposed crypto advisory council, which aims to shape U.S. digital asset policies.
The council, part of Trump’s pro-crypto administration, is expected to collaborate with #Congress , establish a bitcoin reserve, and coordinate with federal agencies. Industry leaders are also pushing for #policy changes, including greater banking access and reduced enforcement actions. Ethics concerns and potential conflicts of interest could slow appointments, but excitement about a crypto-friendly administration has already boosted Bitcoin prices near record highs.
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