Donald Trump is considering creating a new White House position dedicated to overseeing cryptocurrency policy. According to Bloomberg, the president elect’s team is already vetting potential candidates. The post would be the White House’s first crypto-specific job. Trump himself has several crypto businesses, having recently released his fourth collection of non-fungible tokens and helped launch the crypto venture World Liberty Financial. Throughout his campaign, the president-elect promised to cut back crypto regulations, establish a presidential crypto advisory council and fire current Securities and Exchange Commission Chair Gary Gensler, who has hammered the digital asset industry. In recent days, however, several crypto allies have visited Mar-a-Lago to discuss the White House crypto position. Ex-Coinbase and Binance executive Brian Brooks, also a potential candidate for SEC chair, met with Trump on Tuesday, sources familiar with the meeting told Bloomberg. Coinbase Chief Executive Officer Brian Armstrong reportedly also spoke with the president-elect this week.
