- White House crypto role planned
- Direct connection with agencies and Congress
- Trump strengthens ties with cryptocurrency leaders
President-elect Donald Trump's transition team is considering introducing a new role in the White House dedicated exclusively to managing cryptocurrency policy, according to reports. from Bloomberg. This would represent the first such position in the US political landscape, signaling a more regulated and integrated approach to the crypto sector.
The Trump team is currently looking for potential candidates to fill the position, which will primarily focus on coordinating crypto policy and regulation across federal agencies. While details about the exact structure of the role are still being worked out, it is clear that there is a desire to create a senior role with direct influence over the administration.
According to the report, crypto industry advocates are pushing for the new position to offer direct access to President Trump. The proposal also includes the creation of a small team that would act as a liaison between Congress, the White House and key regulators such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
During his campaign, Trump had already expressed support for the cryptocurrency industry, with promises to impeach then-SEC Chairman Gary Gensler and establish a presidential advisory board on cryptocurrency. In addition, the president-elect has had significant interactions with the market, such as meetings with Brian Armstrong, CEO of Coinbase, and prominent figures in the industry, including Brian Brooks, former CEO of Binance US.
Trump has also personally explored the cryptocurrency space, founding World Liberty Financial and negotiating the acquisition of exchange Bakkt through his social media following.