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Donald Trump’s New Crypto Bible Is Everything the Industry Ever Wanted
In a lengthy report, federal government officials set out a roadmap for delivering on president Donald Trump’s promise to turn the US into the “crypto capital of the planet.”
In a 160-page report published Wednesday, White House representatives outlined a series of recommendations to federal government officials as they set about building a legal framework and regulatory ruleset for companies handling crypto assets in the US. If put into action by lawmakers and regulators, the recommendations would effectively gift the crypto industry—which spent hundreds of millions of dollars influencing 2024 congressional races—practically everything it had been calling for during the Biden administration. Its members include White House crypto and AI czar David Sacks, whose VC firm has , and commerce secretary Howard Lutnick, who until taking office led financial institution Cantor Fitzgerald, which services the world’s largest stablecoin provider, Tether.
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