

This Is What the Crypto Industry Actually Wants From Trump
198 snips Jan 20, 2025
Austin Campbell, an adjunct professor at NYU Stern and CEO of stablecoin company WSPN USA, shares insights on the future of cryptocurrency under potential Trump administration policies. He discusses the industry's desire for regulatory clarity and highlights the changing landscape at the SEC. Campbell examines the implications of stablecoins and banking regulations, emphasizing the need for a flexible regulatory approach. He also underscores the crypto sector's enthusiasm for a more favorable political environment and the complexities of integrating crypto into traditional finance.
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Crypto's Hopes for Trump
- The crypto industry anticipates clearer regulations under the Trump administration.
- This clarity is expected to simplify business operations and potentially provide access to banking services.
Regulatory Clarity Wish List
- Crypto wants clear guidelines on when a token is a security.
- They also need clarification on how securities regulations apply to blockchain technology, which disrupts traditional market functions like clearing.
Security or Not?
- Tokenized gold isn't a security, but tokenized Apple stock is.
- The line blurs with more complex tokens, especially in DeFi.