Trump's Administration Plans To Adopt Lenient Stance On Cryptocurrency

According to BlockBeats, the Washington Post reports that U.S. President-elect Donald Trump is preparing to adopt a more lenient stance on cryptocurrency within the government. Trump is currently seeking candidates for key positions who are favorable to the crypto industry. His senior advisors are consulting with cryptocurrency executives regarding potential changes in federal policy. Initial discussions are focusing on a range of financial regulatory bodies, including the U.S. Securities and Exchange Commission (SEC). Five individuals familiar with the matter have revealed that Trump's advisors are considering appointing current regulatory officials, former federal officials, and financial industry executives to significant leadership roles. Many of these candidates have previously expressed public support for cryptocurrencies. However, they caution that these discussions are still in the early stages, and the list of candidates is subject to change.