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Trump’s crypto ‘reset’ cheered by industry calling for more regulatory clarity

cryptonews100_tggfrn by cryptonews100_tggfrn
May 15, 2025
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Trump’s crypto ‘reset’ cheered by industry calling for more regulatory clarity
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The beginning of President Donald Trump’s time period earned rave evaluations on the world’s main crypto convention on Wednesday, however high industry legal professionals mentioned digital platforms wished regulatory clarity whereas the Republicans management Congress.

“Throughout the board, it’s been a really encouraging three months,” mentioned Lewis Cohen, a lawyer specialising in digital property with the New York agency Cahill Gordon & Reindel.

Cohen was talking at Consensus, the world’s longest-running crypto convention, hosted this 12 months in Canada’s largest metropolis, Toronto.

Trump’s son Eric, who’s selling his personal crypto enterprise, is predicted to deal with the convention on Thursday amid rising questions on potential battle of curiosity together with his father within the White Home.

Eric Trump is deeply concerned within the crypto industry by means of direct enterprise ventures, notably as a co-founder and govt at American Bitcoin, in addition to by means of family-backed initiatives like World Liberty Monetary and the $TRUMP meme coin.

The digital foreign money noticed a spike in worth when it introduced that its high holders could be invited to a dinner with the president, set to happen on Might 22 on the Trump Nationwide Golf Membership close to Washington.



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