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The Hill

Crypto readies its wish list for Trump

The Hill
Summary
Nutrition label

79% Informative

The cryptocurrency industry spent big in the 2024 election, and its investment is about to pay off in the incoming Congress and administration.

For more than a decade , there was a lack of clarity from federal regulators that left industry advocates frustrated.

President-elect Trump , who once dismissed crypto as a “scam,” embraced it on the campaign trail.

The guidance, known as SAB 121 , has been a thorn in the side of the industry, which says it has sidelined lenders.

Congress sent a bipartisan resolution overturning the guidance to President Biden ’s desk in May .

Biden vetoed it, saying the resolution would constrain the SEC ’s ability to set forth appropriate guardrails and address future issues.

VR Score

78

Informative language

74

Neutral language

71

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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