Trump Signals End to Cryptocurrency Crackdown, Promising a Pro-Innovation Regulatory Approach

President Trump has officially reversed course on the Biden administration’s aggressive approach towards cryptocurrencies, signaling a shift towards fostering innovation in the digital asset space. This change comes after years of regulatory uncertainty and enforcement actions targeting major players such as Binance, Coinbase, and Kraken, leading to fears of investor hesitation and company relocation abroad. The move represents a potential turning point for U.S. crypto regulation.