Trump Team Considers First-Ever White House Crypto Role
The proposed position would focus on cryptocurrency policy and act as a liaison between the administration, regulators, and the digital asset industry.
- President-elect Donald Trump is exploring the creation of a dedicated White House role for cryptocurrency policy, which would be the first of its kind.
- The position, informally referred to as a 'crypto czar,' would connect the administration with agencies like the SEC and CFTC, and provide the crypto industry direct access to the president.
- Former CFTC chairman Christopher Giancarlo, known as 'Crypto Dad,' is reportedly a leading candidate for the role, though other names such as Brian Brooks and Brian Armstrong have been mentioned.
- Trump's campaign heavily courted pro-crypto voters, with promises to fire SEC Chair Gary Gensler and foster a more crypto-friendly regulatory environment.
- The crypto industry has expressed strong support for the role, citing the need for clearer regulations and stronger U.S. competitiveness in the global digital asset market.