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
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.
