Last week, through Executive Order, President Trump took a significant step toward reshaping the future of digital assets by establishing a Crypto Council led by investor and entrepreneur David Sacks. This Executive Order, coupled with the recent reversal of SAB 121 – an ill-conceived policy that made it prohibitively difficult for banks to custody crypto assets – demonstrates that the new administration is serious about removing barriers to crypto adoption.

This council represents a golden opportunity to undo significant damage inflicted on the crypto industry during the Biden Administration. Instead of regulatory hostility, Trump’s Crypto Council can help chart a path toward innovation, responsible oversight, and, most importantly, the protection of the customers and retail investors who helped him win the election.

While the involvement of major crypto companies like Coinbase, a16z, and Ripple is crucial, the council should not be composed solely of industry giants. For too long, retail investors, the backbone of the crypto revolution, have been ignored, exploited, or outright attacked, not only by the Sam Bankman-Frieds of the world but by the very regulatory agency designed to protect them. If the new administratio

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Author: John Deaton

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