By Jason Meyers
The Trump administration is reportedly considering creating a dedicated White House role to oversee cryptocurrency policy, signaling a significant shift in how digital assets are governed. This unprecedented position—dubbed the “crypto czar”—reflects the growing influence of cryptocurrency in federal policy discussions.
Advisors on President-elect Donald Trump’s transition team are actively vetting candidates for the position. The crypto czar would spearhead the administration’s efforts to regulate and oversee the digital asset sector, working directly with President Donald Trump. Industry leaders are pushing for the role to serve as a direct line of communication between the administration and key players in the cryptocurrency ecosystem.
Trump has outlined ambitious plans to revamp U.S. cryptocurrency regulations. These include replacing SEC Chair Gary Gensler, easing regulatory barriers, and establishing a presidential advisory council on digital assets. High-profile figures in the crypto industry are reportedly lobbying for seats on this advisory group. Trump has also engaged with prominent crypto leaders, such as Brian Brooks, former executive at Coinbase and Binance.US, and Coinbase CEO Brian Armstrong. His personal ventures into the crypto space with World Liberty Financial—highlight his growing interest in the sector.
In addition to policy changes, Trump Media & Technology Group is rumored to be finalizing the acquisition of Bakkt, a cryptocurrency trading platform. If completed, this move would signal a strategic push into the digital finance space. Trump has declared his vision to position the U.S. as a global leader in cryptocurrency, proposing initiatives like a national bitcoin reserve and policies to foster innovation. Following these announcements, the cryptocurrency market has reacted positively, with bitcoin surging to $95,000.
This week, Trump further demonstrated his commitment to integrating cryptocurrency into federal policy by nominating Howard Lutnick, CEO of Cantor Fitzgerald, as Secretary of Commerce. Lutnick, a proponent of bitcoin and a veteran of traditional finance, has described cryptocurrency as a transformative force for global markets.
These developments signal a bold move by the Trump administration to make America the crypto capital of the world.
About the author
Jason Meyers is the lead architect of Pacioli.ai, the worlds first web3 disclosure infrastructure and AI based DePIN for external validation. Jason took many companies public including Alexion Pharmaceuticals which was acquired by AstraZeneca for USD$40 Billion. He strongly believes that the re-election of Donald Trump will make the USA the undisputed crypto capital of the world.
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