Professional crypto casting. In the shadow of the almighty Elon Musk in the media, who has a knack for drawing attention to himself, other names are starting to appear subtly in the press, and the first impressions confirm the expectations – and hopes – for the American cryptocurrency. industry. Donald Trump will put in place an administration that is generally pro-crypto and this will include the judicial system as well as financial regulators. We take stock of the first certainties and the latest indiscretions coming out of Washington and Mar-a-Lago, Florida, respectively, the headquarters of the president-elect.
- Donald Trump has installed a pro-crypto administration with strategic appointments like Matt Gaetz and Jay Clayton in key positions.
- Summer K. Mersinger could become a central figure at the CFTC, signaling a shift toward a more balanced regulatory framework for cryptocurrencies.
Jay Clayton, Matt Gaetz and Summer Mersinger: pro-crypto politicians appointed to key positions
Among the people officially appointed, let’s start right away with the Republican representative Matt Gaetz which happens Attorney Generalso the equivalent of ours Minister of Justice. This member of Congress, elected in Florida, has multiplied statements in favor of the crypto sector and its character in recent years “fighting dog” he should influence the judicial policy of his country. To be complete about the character, know that her nominations are also divided internally Republican Partybecause Mr. Gaetz is involved in several legal cases and would have positions antivax in the time of Covid; All this obviously does not sit well with the left-wing press.
Let’s go now to Jay Claytonanother personality of the galaxy Trumpwho was appointed by the 45th President of the United States to head the SEC in 2016 and who will now serve the interests of the 47th President by being Attorney General of the Southern District of New York. As a reminder, this is where many related financial cases, such as the high-profile FTX affair, are being adjudicated. Mr. Clayton was not really pro-crypto during his first term at the SEC, but he has developed well in recent months, a bit like Donald Trump’s team, and should also participate in a new way of understanding the crypto ecosystem from his backyard.
Unlike 2016, the Republicans have a plan and they will implement it!
As for the third and final name circulating in the press across the Atlantic today, there is nothing official, but it remains a very serious hypothesis: it concerns the appointment Summer K. Mersinger to replace Rostin Behnam at the head of the CFTC. Currently, she is already a commissioner with Commodity Futures Trading Commission (CFTC) and was one of the few people in the institution who wanted to defend a balanced regulatory framework for the US Web3. Ms. Mersinger even spoke at the conference Consensus 2024 in Austin! His likely arrival at the helm of one of America’s two financial regulatory bodies would be a strong positive signal sent to the entire industry.
And finally, when we talk about regulation, how could we not deal with the case of the President of the Republic? DRY whose departure seems confirmed, although we do not yet know the name of his replacement. It’s a safe bet that this is a figure openly favorable to the crypto sector, which would officially allow the start of a new four-year cycle in which all important positions in the administration and major federal agencies would be filled by Bitcoin supporters. made in america.
Observers noted, even criticized, the lack of preparation and anticipation when Donald Trump arrived at the White House in 2016, but this time his team prepared things well. No offense to their detractors, the Republicans have a plan and they intend to implement it! By putting pro-crypto figures in key positions, the president-elect wants to keep his campaign promise that America “the cryptocurrency and bitcoin capital of the world”. After words, it’s time for action.
