News commentary

Donald Trump’s New Crypto Bible Is Everything the Industry Ever Wanted

Wired · Joel Khalili · last updated

The White House has laid out its plan to usher in a “new American Golden Age,” with cryptocurrency at its center.

In a 160-page report published Wednesday, White House representatives outlined a series of recommendations to federal government officials as they set about building a legal framework and regulatory ruleset for companies handling crypto assets in the US.

If put into action by lawmakers and regulators, the recommendations would effectively gift the crypto industry—which spent hundreds of millions of dollars influencing 2024 congressional races—practically everything it had been calling for during the Biden administration.