Trump Proposes Crypto Policy Overhaul with New Advisory Council

President-elect Donald Trump plans to reshape U.S. cryptocurrency policy by appointing industry-friendly regulators and establishing a presidential council on digital currencies. His transition team is consulting with crypto executives to explore regulatory changes, particularly at the SEC, to foster a more permissive environment. Notable figures like Daniel Gallagher and Hester Peirce are considered for key roles. While Trump's approach has garnered industry support, critics warn it may weaken consumer protections. With a Republican majority in Congress, Trump's crypto agenda may face fewer obstacles.