Trump Taking Office Could Spell Golden Crypto Era, Industry Hopes

Donald Trump‘s election victory and the Republican control of Congress may be setting the stage for what many in the sector believe will be a golden era of lighter regulation and wider adoption.

What Happened: The crypto industry, which felt vilified under the Biden administration, is now anticipating a more hands-off approach to digital currencies, according to a report by The Financial Times on Thursday.

Industry participants and people close to the President-elect have been upbeat about the prospects of Bitcoin (CRYPTO: BTC) and the wider digital asset sector.

Eric Trump, speaking at the Bitcoin Mena 2024 conference in Abu Dhabi in December, assured the audience that his father would keep his promises to be “the most pro-crypto president” yet. …

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