President-elect Donald Trump has nominated Representative Matt Gaetz as the new Attorney General of the United States, a move he made on November 13. Following the nomination, Gaetz announced his immediate resignation from Congress, concluding his tenure amid an ongoing House Ethics Committee investigation into allegations of sexual misconduct and drug use. Gaetz's nomination is particularly notable for the crypto industry, as he has been a consistent advocate for the integration of digital assets into mainstream financial systems. His approach as Attorney General could signal a significant shift in the Department of Justice's regulatory stance on cryptocurrency, aiming to balance innovation with oversight. Gaetz has previously proposed legislation to modernize the tax system and has expressed support for the adoption of digital currencies, drawing parallels to El Salvador's recognition of Bitcoin as legal tender. This pick underscores a potential prioritization of crypto policy within the DOJ under Trump's administration, aiming to enhance the U.S.'s position in the global digital economy.

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