Since the November elections, there have been a lot of prognosis on how the regulation and application of cryptography could change under the Trump administration. The consensus before the day of the inauguration was that we would see a significant change in the way in which regulators approach the crypto, with a passage from the application and the development of a new practical regulatory framework. Now, only four weeks since the Trump administration took the reins, we can already see the general compensation for a really seismic change in the approach of the American government to the crypto – which promises to create crypto possibilities to expand Its presence and achieve an unrivaled level of integration in the United States and global financial systems.
This new Crypto-Enthusian Regulatory Approach has started to develop more clearly after the elections, when the elected president of the time, Donald Trump, appointed the former chief of the Paypal exploitation, David Sacks, as The new “IA and Czar Crypto” and presented the former commissioner of the Sec Paul Atkins as a new president of the Commission for Securities and Exchange. The bags and Atkins were vocal supporters of the crypto, and their selection reported the intention of the incoming Trump administration to work with the cryptographic industry to develop a more user -friendly regulatory diet. And this trend continued. Last week, President Trump appointed the former CFTC commissioner Brian Quintenz, now the Crypto Fund of Venture Cirmal A16z Crypture City Policy to be the next president of the Futures Futures Trading Commission.