How Trump's return reshaped crypto's political fortunes
By
Gerald Epstein
Summary
The article examines how Donald Trump's political comeback has transformed the trajectory of the cryptocurrency industry. Before Trump's second presidential campaign, crypto markets were in decline following the disastrous 2022 downturn, threatening to relegate digital assets to a niche status. However, Trump's return has vaulted pro-crypto interests into political power, and as they increasingly capture support from Democrats, the political will to regulate or stop the crypto industry is rapidly diminishing.
Source
bskyHow Trump's return reshaped crypto's political fortunesbostonreview.netKey quotes
· 4 pulledWithout Donald Trump, the crypto industry would have met a very different fate.
2022 in particular was such a bad time for crypto that commenta...
Trump's return has vaulted pro-crypto interests into power.
As they capture ever more Democrats, the political will to stop them is dwindling.
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