After President Trump was re-elected, the administration rolled out aggressive pro-crypto policies. This marks a sharp reversal from the past, when the crypto industry was viewed mainly as a target of control. The U.S. has entered a phase that was once hard to imagine. At a pace close to unilateral decision-making, the government is moving to absorb the crypto industry into its system. Shifts in the stance of the SEC and CFTC, along with traditional financial institutions entering crypto-related businesses, signal broad structural change. Notably, only one year has passed since President Trump’s re-election. What ... (full story)