President-elect Donald Trump’s transition team is reportedly exploring the creation of a dedicated cryptocurrency policy role within the White House. According to Bloomberg, discussions are underway with digital asset industry leaders, and potential candidates for the position are being vetted.
If established, this would mark the first time a White House role focused specifically on cryptocurrency policy. Such a move would highlight the growing influence of the cryptocurrency industry under Trump’s incoming administration.
What the Role Could Look Like
It remains unclear whether this position would hold senior advisor status or function as a coordinator across government agencies. Sources suggest the role may involve liaising with Congress, the White House, the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and other key departments to streamline cryptocurrency-related policies.
Trump’s Pro-Crypto Stance
During his campaign, Trump actively reached out to the cryptocurrency community, pledging to make the U.S. the "global hub for cryptocurrency" and a "Bitcoin superpower." At a Bitcoin conference in July, he vowed to support the industry and emphasized his vision of becoming a "pro-Bitcoin president."
Trump also promised to fire SEC Chair Gary Gensler, who has taken a tough regulatory stance on digital assets, and to establish a presidential advisory committee on cryptocurrency issues.
Industry Leaders Rally for Influence
Cryptocurrency advocates are pushing for direct access to Trump’s administration. Notable industry figures, such as former Binance.US CEO Brian Brooks and Coinbase CEO Brian Armstrong, have met with Trump recently. Brooks is also rumored to be a candidate for the next SEC Chair.
Trump’s Mar-a-Lago estate in Florida has reportedly become a key meeting spot for these discussions, reflecting the cryptocurrency industry’s efforts to secure a seat at the table.
A New Era for Digital Assets in Washington
If the White House creates a dedicated cryptocurrency policy role, it could signal a significant shift in the U.S. approach to digital assets. Advocates believe this would help the U.S. strengthen its leadership in the global cryptocurrency market while fostering innovation and reducing regulatory barriers.
The decision to prioritize cryptocurrency policy aligns with Trump’s broader commitment to boosting the industry, potentially paving the way for a more crypto-friendly administration.