As the end of Donald Trump’s administration approaches, many are wondering what will become of his crypto policies. Trump’s tenure has seen a mix of support and skepticism towards cryptocurrencies and blockchain technology, with regulations like the FATF Travel Rule and the IRS crypto question coming into effect. The big question now is whether these policies will survive beyond the current administration.
Despite some positive steps such as the establishment of the U.S. Treasury’s FinCEN rule, which looks to monitor cryptocurrency transactions, the overall stance of the Trump administration towards crypto has been unclear at times. This uncertainty has left many in the industry uncertain about the future regulatory landscape.
One major concern is the potential impact of a new presidential administration on crypto policies. Different candidates have varying views on cryptocurrencies, with some advocating for further regulation while others support the free market approach. The outcome of the upcoming election could have far-reaching consequences for the crypto industry.
It remains to be seen whether Trump’s crypto policies will stand the test of time or if they will be reshaped by a new administration. The industry will be closely watching the transition of power and what it means for the future of cryptocurrencies in the United States.
