Trump promises to establish a new committee as part of a crypto-friendly government. Insiders say his transition team is discussing how to build and staff the committee, and which companies should be included. According to several executives in the digital asset industry, numerous crypto companies such as Ripple, Kraken, and Circle are competing for seats on the cryptocurrency advisory committee promised by President-elect Trump, seeking to have a say in his planned U.S. policy reforms. Trump has garnered support and campaign donations from the industry by committing to become the 'crypto president' and ending Biden's crackdown on crypto companies accused by regulators of violating securities and anti-money laundering laws. Trump is also pushing for an executive order to ensure that crypto companies can access banking services, end enforcement actions against them, and implement other changes.