More crypto parallels between a potential Donald Trump and Kamala Harris administration emerged after assessing their advisors.
Republican presidential candidate Donald Trump named several pro-crypto figures to his transition team ahead of a possible second White House term. While itâs procedural to name key staff members ahead of an election, Trumpâs pro-crypto team may have bolstered his appeal to the community.
Trump announced that Cantor Fitzgerald CEO Howard Lutnick and America First Policy Institute chair Linda McMahon would be team co-chairs.Â
Lutnick is a public Bitcoin supporter and spoke at the Bitcoin 2024 conference in Nashville, where Trump said he would create a strategic BTC reserve. Also, Cantor Fitzgerald has been Tetherâs (USDT) custodian since 2021 and confirmed the firmâs multi-billion balance sheet. In April, shortly before Cantor Fitzgerald unveiled a $2 billion Bitcoin funding initiative, Lutnick also advocated for stablecoins and asset tokenization.
Republican vice president candidate J.D. Vance will serve as an honorary chair. Vance, who tabled pro-crypto policies in the U.S. Senate, was also the first person on a presidential ticket to own Bitcoin.
Donald Trump Jr and Eric Trump are also part of the fray. Both Trumpâs sons are working on a crypto project. DTJ has already opened an official Telegram called âThe Defiant Onesâ to share verified info on the matter. The move aimed to curb scammers leveraging buzz around Trumpâs crypto initiative to defraud investors.$BTC #Write2Earn!