Consensys CEO Joe Lubin remains hopeful of the crypto industry under Trump’s administration.
Trump will likely settle or dismiss lawsuits, including crypto companies, saving millions of dollars.
Lubin addresses Trump as a good politician who effectively captures public sentiment.
Consensys CEO Joe Lubin fueled hopes of a crypto market resurgence under Donald Trump’s administration. Speaking at DevCon 2024 in Thailand, Lubin predicted that lawsuits involving key crypto companies would likely be resolved or dismissed, potentially saving the industry hundreds of millions of dollars.
Trump’s return as the 47th President has energized the crypto community, thanks to his support for the sector. During his campaign, he declared himself the “crypto President” and became the first U.S. leader to accept Bitcoin donations. Trump also promised to restructure the SEC, with plans to replace Gary Gensler with a pro-crypto chairperson.
Lubin acknowledged Trump as a “pretty good politician.” He believes that the incoming president effectively captures the public sentiment and has already started his strategic initiatives to uplift the crypto environment. Prev…
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