As Donald Trump prepares to take office, the crypto industry anticipates a shift in regulatory stances. Following his election, crypto markets have surged with hopes that the government’s previous antagonism towards digital assets may shift under Trump's leadership. Experts suggest that while the end of hostility is encouraging, the administration must actively promote policies to bolster the industry's growth. Kristin Smith, CEO of the Blockchain Association, emphasizes the need for a strong advocate within the administration to ensure the progress of digital assets policy. A key development is the appointment of a dedicated crypto advisor, David Sacks, who may help coordinate efforts across government sectors. Repealing policies that restrict banks from holding crypto assets, such as the previously blocked SAB 121, could open the market significantly. Analysts believe that laying foundational legislation to empower traditional financial institutions to engage with crypto could lead to massive investments, enhancing the industry's credibility and long-term success. Overall, 2025 may be pivotal for crypto, depending on how Trump's administration prioritizes this emerging sector.

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