US President Donald Trump is expected to appoint a new Federal Reserve chair by Christmas. The frontrunner, Kevin Hassett, could impact the cryptocurrency industry with his potential stance on monetary policy. As an economic advisor and former director of the National Economic Council, Hassett’s record suggests he might be pro-crypto. His involvement in White House initiatives regarding digital assets further reinforces this speculation. 2023 has seen rising crypto prices driven by expectations of lower interest rates, a key area where Hassett may influence policy. His past work with Coinbase and his leadership on the White House’s digital asset working group add to these concerns. While the Fed doesn’t oversee crypto regulations directly, Hassett’s potential impact could be felt through his ability to push for policies that would benefit the industry. For instance, he may advocate for lower interest rates to stimulate growth in a sector already showing strong market trends.