Mr. Trump wants to appoint an official specializing in crypto policy

The new President of the United States, Donald Trump, is seeking candidates for a new position dedicated to cryptocurrency policy in his government. This is an unprecedented move aimed at creating a direct line of communication between the White House and regulatory agencies such as the SEC and CFTC, to shape the national strategy related to cryptocurrencies.

Among Trump's commitments, he has promised to fire SEC Chairman Gary Gensler, who is believed to have a tough policy on cryptocurrencies, and to establish a Presidential Advisory Council on cryptocurrency. Appointing officials friendly to the crypto industry to key leadership positions is part of Trump's plan to turn the United States into a cryptocurrency powerhouse.

Some potential candidates for this position may include leaders in the cryptocurrency industry or officials who have experience at agencies such as the SEC and CFTC, aimed at promoting a favorable legal environment for the development of cryptocurrencies in the U.S.

Hopefully, all of Trump's policies will untangle the issues for cryptocurrencies in general and allow coins released in the U.S. like XRP and ADA to grow strongly.