Donald Trump is contemplating establishing a new White House role dedicated exclusively to cryptocurrency policy, according to a Bloomberg report. This move underscores the increasing prominence of the crypto industry within Trump's administration.
Trump's transition team is evaluating the possibility of appointing current and former officials from the Commodity Futures Trading Commission (CFTC) to chair this position. This prospective role would mark the first crypto-specific post in the White House, highlighting the administration's focus on cryptocurrency policy development.
This initiative reflects a potentially transformative approach to crypto regulations in the U.S., with the possibility of reshaping how the federal government engages with the rapidly evolving cryptocurrency landscape.