New Trump Administration Will Be Crypto Friendly, Former CFTC Head Says

‘I think a Trump administration is going to… embrace this innovation,’ former department head predicts

New Trump Administration Will Be Crypto Friendly, Former CFTC Head Says
Photo today of former CFTC Chairman Chris Giancarlo, by Joel Leighton

MILWAUKEE, July 16, 2024 – A financial regulator in the first Trump administration said a second Trump administration would likely take a friendly stance on cryptocurrency to spur economic innovation.

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“I think a Trump administration is going to … embrace this innovation. I think it will be very positive to have government support rather than government resistance,” said Christopher Giancarlo, the former Republican chairman of the Commodity Futures Trading Commission.

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