Could it be? The audacity! Trump’s Inauguration priorities list leaves out crypto, and the community is left in a tizzy.
For months, the crypto community has been smitten with the idea of President Trump as their regulatory knight in shining armor. After all, he did endorse the industry at a Nashville conference and promised the moon. But alas, a recent turn of events has left our crypto enthusiasts feeling forsaken.
Trump’s Inauguration: A Crypto-less Affair
As the world watched Trump’s Inauguration, the crypto community held its breath, hoping for a shout-out. But, alas, nary a whisper was heard about the industry they hold so dear. A document circulated among Republican lawmakers outlined Trump’s priorities, and crypto was conspicuously absent.
“Everyone is overreacting! I just listened to Trump’s speech. He didn’t mention crypto, but what reason is there to mention it right now? Do none of you remember that a historic amount of pro-crypto members of congress were just elected On top of a pro-crypto SEC, and crypto czar. I just don’t understand why people are freaking out,” wrote popular influencer Borovik.
Indeed, the snub comes as a shock, especially considering Trump’s foray into the world of meme coins and his “Crypto Ball” extravaganza. Notable figures from the industry, like the Crypto.com CEO, were even present at the Inauguration. Yet, Trump’s priorities seem to lie elsewhere, focusing on border immigration and “climate extremism” instead of crypto regulations.
To be fair, some of Trump’s broader priorities could indirectly benefit the crypto industry. For instance, his “Make America Affordable and Energy-Dominant Again” sub-section might help electricity-intensive mining operations. However, he also pledged to cut wind-based electricity, which is a crucial source for some mining firms.
In the end, Trump has given the crypto community some concrete wins, like appointing friendlier finance regulators. But, the recent snub has left them questioning his commitment to their cause.
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2025-01-20 22:12