Trump Seeks Pro-Cryptocurrency Candidate for Financial Institutions Group
On November 12, according to the Washington Post, US President-elect Donald Trump is preparing for the US government to take a more lenient stance on cryptocurrencies. He is looking for candidates for key positions that are friendly to the crypto industry, while his senior advisers consult with crypto executives on potential changes in federal policy. Initial discussions have focused on a range of financial regulators, including the Securities and Exchange Commission. According to five people familiar with the matter, Trump advisers have considered putting current regulators, former federal officials, and financial industry executives in key leadership positions, many of whom have publicly expressed pro-cryptocurrency views. They warned that the discussion process is still in its early stages and the list of candidates is still changing.