Most Influential: Donald Trump
Donald Trump's dramatic shift to pro-crypto advocacy has profoundly influenced U.S. digital asset policy and regulatory appointments during his second term.Summary
Donald Trump's influence on cryptocurrency policy during his second term is significant, stemming from a major reversal of his earlier skepticism toward digital assets. While he did not write specific legislation, his demands from the White House and pressure on allies spurred major industry successes, including the passage of the GENIUS Act for stablecoins. Trump appointed pro-crypto regulators, such as new SEC Chair Paul Atkins, who prioritized creating a comprehensive regulatory regime and tokenization efforts, contrasting sharply with the previous administration's enforcement-heavy approach.
However, his ambitious agenda remains incomplete, particularly regarding comprehensive market structure legislation, which stalled in the Senate. Furthermore, Trump's deep personal financial involvement in the crypto sector—including NFTs, a stake in World Liberty Financial (WLFI), and memecoins like $TRUMP—has drawn strong objections from Democrats regarding conflicts of interest, which the White House denies.
Despite legislative hurdles, Trump's appointments have already initiated significant regulatory shifts, aiming to make the U.S. the global leader in crypto, fulfilling his promise of a "golden age" for the digital asset economy.
(Source：CoinDesk)