Why has the current US administration suddenly u-turned on crypto policy?

media dealer ↑ /believein /native /jihad

trump is pro anything that gets him votes

that said, sadly the dems dug their heels in a little too far (Warren et al) for them to credibly claim any semblance of a pro crypto stance pre election

trump said he’s pro crypto so now dems are afraid they’ll lose votes

Building @swaye - swaye.app | Ex Managing Director @CoinList, Research @Messari | 🇹🇼🇺🇸

there is definitely money involved in this pivot

one theory i saw was election season coming up and politicians realizing crypto ppl are big/active donors