White House Forms Crypto ’Dream Team’ to Shape Regulatory Framework
The Biden administration's adversarial stance toward cryptocurrencies—marked by aggressive enforcement actions and penalties—has given way to a strategic pivot under President Trump. The WHITE House has assembled a high-profile team to establish clear regulatory guidelines for digital assets, signaling a potential shift toward institutional acceptance.
David, Trump's advisor on AI and cryptocurrency, leads the initiative. The appointment of Michael Selig as CFTC chairman completes the team, which includes SEC Chairman Paul Atkins. Selig's confirmation underscores the administration's focus on modernizing financial oversight amid rapid technological change.
Congress is advancing a digital asset market structure bill designed to position the U.S. as the global hub for cryptocurrency innovation. The move follows years of regulatory uncertainty that drove blockchain projects offshore.
