Primers
The “Trump Effect”
A brief timeline of the “Trump effect:” Encouraging signs in US crypto policy*
Nov 5, 2024: Trump is elected 47th US President1
Dec 5, 2024: Trump nominates Paul Atkins as next SEC Chairman2
Dec 6, 2024: Trump appoints David Sack as AI & Crypto Czar3
Jan 20, 2025: Trump takes office as 47th US President4
Jan 21, 2025: Formation of an SEC Crypto Task Force led by Hester Peirce5
Jan 23, 2025: Executive Order introduces Presidential Working Group on Digital Asset Markets6
Jan 27, 2025: SAB 122: Revokes SAB 121, allowing financial institutions to custody crypto on behalf of clients7
Feb 4, 2025: Peirce signs a letter titled “The Journey Begins”8 while David Sacks holds his first press conference as AI & Crypto Czar9
Feb 11, 2025: Trump nominates Brian Quintenz as next Chairman of the CFTC10
The AI & Crypto Czar
“The crypto road trip on which the newly announced Crypto Task Force has embarked [...] should be more enjoyable and less risky than the crypto road trip the Commission has taken the industry on for the last decade.”
CNBC interview1 on Feb 4, 2024
A pro-crypto SEC Chairman
“If the government, if the SEC, were more accommodating and would deal straightforwardly with these various [crypto] firms, I think it would be a lot better to have things happen here in the United States rather than outside.”
Interview on “Free the People” podcast2 on Feb 22, 2023