#Trump's Inauguration, Cryptocurrency Policy Remains Unchanged#

With Trump's inauguration approaching, major changes to cryptocurrency policy are unlikely in the short term. While Trump's inauguration brings hope for the new administration to deliver on its campaign promises, Greg Cipolaro, global head of research at NYDIG, suggests that changes in cryptocurrency policy may take time. This is due to the process of appointing and confirming key officials, followed by staff recruitment. Moreover, significant cryptocurrency legislation, such as FIT21 and stablecoin legislation, will also take time to pass, as conservative and free-market legislators might be less inclined to compromise. Cipolaro believes that more pressing issues, such as geopolitical conflicts, the budget and debt ceiling, global trade and tariffs, and immigration, will likely take precedence over cryptocurrency policy. Therefore, despite Trump's positive stance towards cryptocurrency during his campaign, significant policy changes in the short term are improbable.