Crypto CEOs Clamor for Access to Trump as Inauguration Day Nears

Politics and Government Politics and Government

Fri, January 10, 2025

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Crypto CEOs Clamor for Access to Trump as Inauguration Day Nears

^{Published on 2025-01-10 08:40:56 - MSN}

Circle Chief Executive Officer Jeremy Allaire said Thursday on X that the stablecoin company contributed tokens worth $1 million to President-elect Donald Trump's inaugural committee
joining a parade of other CEOs vying for favor as the incoming administration works to form a key crypto industry group.

The article from MSN discusses how cryptocurrency industry leaders are seeking to influence the incoming Trump administration as his inauguration approaches. CEOs and lobbyists from the crypto sector are actively trying to secure meetings with Trump and his team to advocate for favorable regulations and policies. This push comes amidst a backdrop of regulatory uncertainty and legal challenges faced by the crypto industry, including high-profile cases like that of Sam Bankman-Fried. The industry sees potential in Trump's previous positive comments on Bitcoin and his general deregulatory stance, hoping to leverage these to gain more acceptance and less stringent oversight. However, there's also mention of the crypto community's mixed feelings about Trump, with some skepticism regarding his understanding and commitment to the sector. The article highlights the strategic importance of this moment for crypto advocates to shape future policy in their favor.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/crypto-ceos-clamor-for-access-to-trump-as-inauguration-day-nears/ar-BB1rbBfg ]

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