How Trump’s crypto embrace took out Biden’s regulatory crackdown

How Trump’s crypto embrace took out Biden’s regulatory crackdown


From skeptic to champion, President Donald Trump is reshaping the nation’s digital asset agenda from the ground up, pleasing die-hard bitcoin and meme coin investors and ruffling the feathers of enforcement hawks who think he’s engaging in flagrant self-dealing.

He once warned that cryptocurrencies “seemed like a scam” and were “based on thin air” and accused them of enabling criminal activity. Today, Trump says he’s been a “big crypto fan” from the beginning and is overseeing the most sweeping deregulatory shift in digital asset policy the United States has ever seen.

President Donald Trump, center, sits as Secretary of Commerce Howard Lutnick, from left, Treasury Secretary Scott Bessent, and from right, Bo Hines, a member of the presidential council of advisers for digital assets, and White

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