Political Stability of Crypto Industry Amidst Trump Era

Here, you will learn political stability of Crypto industry in the new trump era. If you kept up with the 2025 US Presidential elections, you might have noticed that cryptocurrency had a bigger presence than before. Now-President Donald Trump especially worked hard to court the crypto vote, aligning himself with powerful figures in the industry and even accepting cryptocurrency for his campaign, becoming the first major candidate to do so.

Political Stability of Crypto Industry Amidst Trump Era Banner

Now that he is back in office, the crypto industry that backed him so heavily is coming to collect on his promises and so far, things have heated up. This is interesting because cryptocurrency use is more prevalent than ever. The number of active crypto wallets has only been climbing year on year and with the price spikes for major tokens bitcoin and ether, this is only expected to grow in 2025.

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The Political Aspect of Cryptocurrency in the New Trump Era

As there is more demand for wallets, more investors are turning to various resources to find the best crypto wallet for both storage and Investment sources. But this isn’t without its issues.

First, there is the relationship between the Securities and Exchange Commission and the industry, which has been historically tumultuous. A major promise from Trump during the campaign trail was that he would fire then-chairman Gary Gensler and replace him with someone more pro-crypto. While Trump has kept his end of the bargain, the industry has seemingly not forgiven Gensler.

The former chair now teaches at the Massachusetts Institute of Technology and in response to his hiring, Gemini CEO Tyler Winklevoss has announced that the company will not take any interns or employees from the University.

Even Trump is being held to a high standard by the industry at large. Earlier this year, the Trump administration’s crypto czar, David Sacks announced a new working group that would be committed to the progression of crypto regulation. In the past, this would have caused widespread celebration but now, many crypto industry stakeholders believe that things can be done faster and more effectively.

This is partially because the industry knows first-hand how much progress can be undone or stalled by a single change in administration. In the last few weeks, Congress has heard testimony from various stakeholders in regulatory bodies who testified that the Biden administration targeted crypto companies, even forcing banks to cut ties with them. As such, there is a bit of a push to get as much out of the current administration as possible.

To Conclude

To the SEC’s credit, it has told federal regulators to pause legal proceedings against Binance, which is one of the major crypto companies that was targeted in the last administration. The current agenda seems to be fixing the relationship between the industry and regulators, as well as setting a path for better relationships moving forward.

Regulation is also being pushed at a federal level that will better outline how crypto companies can operate and what their limitations are. This is one key aspect that has been missing for several years as even companies in the space have complained about the lack of guidance. Rather than receiving this guidance, it seemed like they were being unfairly persecuted and now that the overall governmental atmosphere is pro-crypto, stakeholders are rushing to get their interests addressed.

The SEC has noted that the current situation took many years to get to and will take time to unravel. In the meantime, cryptocurrency-related businesses are pushing for ETFs, regulations are being reviewed by lawmakers, tokens like Bitcoin are doing well, a new ones are entering the market. If all goes well, this period in time could go down in history as one of the most significant for the industry.

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