Donald Trump may be crypto’s unexpected savior

The cryptocurrency industry has spent the Biden era in a losing battle with Washington. If Republicans take power in 2024, it can still win the war.

Donald Trump derided crypto during his presidency, but if he returns to the White House he is expected to usher in policy and personnel that would be more aligned with digital asset firms. GOP lawmakers and conservative groups have drafted regulatory proposals in line with the industry’s wish list, and Republicans are already floating the names of potential regulators who would play a key role in turning the tide.