According to ChainCatcher news and Reuters, Trump has pledged 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, including Ripple, Kraken, and Circle, are vying for a seat on the cryptocurrency advisory committee that President-elect Trump has promised to establish, seeking a voice in the planned U.S. policy reforms.
Trump garnered support and campaign donations from the industry by promising to be the 'crypto president' and ending Biden's crackdown on crypto companies accused 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.
