What Crypto Hopes to Gain From Trump’s Second Term
We all know that the new Trump administration is likely to be more friendly to the crypto industry than the Biden administration was. And we know that the industry has generally been rather supportive and enthusiastic about the change at the White House. But what's actually coming next? What does being favorable to the industry really look like in practice? What does the crypto industry actually want to see in terms of changing regulations under a new administration? On this episode, we speak with Austin Campbell, professor at NYU's Stern School of Business and the CEO of stablecoin company WSPN USA about the possibilities ahead, and what moves the industry is hoping to see from the SEC and bank regulators. This transcript has been lightly edited for clarity.
Key insights from the pod:
Why crypto is excited about Trump — 04:52
What “good” crypto regulation might look like — 07:46
Is crypto a security or not? — 12:10
Maybe Gary Gensler wasn’t so bad for crypto — 15:08
How stablecoins and eurodollars could be connected — 21:41
Why you should be wary of a strategic crypto reserve — 24:03
Bank regulators maybe stuck in the past — 30:07
Why crypto legislation might finally come to pass — 35:57