The crypto industry has been searching for a supportive political ally following challenges under the Biden Administration. This has led some within the industry to consider aligning with former President Donald Trump. However, this potential partnership is not without its significant risks, warns Ben Schiller.
Trump's unpredictability and controversial history present potential hazards for the industry. Though he could offer certain regulatory advantages, the alignment might also attract negative attention and increase scrutiny.
For the crypto sector, the collaboration with Trump appears as a gamble, weighing potential regulatory benefits against reputational and regulatory risks.
