US President Donald Trump’s crypto policies could be one of his administration’s most lasting legacies, according to Bitwise’s CEO.
Speaking at the Token2049 event in Singapore, Hunter Horsley, CEO of Bitwise Asset Management, expressed his belief that the crypto industry will remain strong in the post-Trump era. “I’m glad people are thinking about it,” Horsley said. “But I’m not worried.”
Founded in 2017, Bitwise is known as one of the largest cryptocurrency funding companies in the industry. Horsley explained that the company has worked with the U.S. Securities and Exchange Commission (SEC) over multiple administrations, but that the agency has recently gained significant momentum regarding crypto regulation.
“The president has direction. The president’s chosen leaders have assigned staff to these roles, and they want to receive positive performance reviews. It’s a very clear structure,” he said.
Horsley said that with Paul Atkins taking over as SEC Commissioner this year, the SEC’s stance has fundamentally changed compared to the previous administration, and pointed out the main reason why cryptocurrencies have taken root in financial markets:
Cryptocurrency law is now “permanent”
The Genius Act, signed by President Trump in July, accelerated efforts in the financial world toward a digital dollar. Horsley said banks, fintech companies and crypto companies are currently operating in this space, and reversing this would be political suicide.
Cryptoassets are now supported by both sides
Horsley noted that crypto policy is becoming increasingly bipartisan.
“Democrats and Republicans alike recognize this is an area we need to support and win,” he said.
He reminded that crypto lobby fund Fairshake raised $260 million in 2024 and supported many “pro-crypto” candidates, including Trump.
Horsley predicted that this situation would push cryptocurrencies out of the center of political discussion in the next election, ending his speech with the following statement:
“More Americans don’t want crypto to be targeted. Polarization is decreasing.”
*This is not investment advice.
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