Washington is warming up to crypto faster than even industry insiders expected

Contributing sentiments towards policy:

61% : He told BI last fall that the 45th president's win greatly helped his portfolio, even if didn't want it, and joked at the conference that he should buy Trump a Christmas card.
55% : " This outdated stance is "the best thing that Trump has going for him," Scaramucci remarked.
47% : After being staunchly anti-bitcoin, Trump rebranded himself as the crypto candidate last year, and plans to launch a strategic reserve for digital assets.
46% : On Tuesday, the US Senate resoundingly passed a measure blocking a Biden-era regulation that would require tax reporting by certain decentralized finance firms, which crypto advocates argue would be overbearing.
40% : Many associate crypto with the political right, and not just because Trump is infatuated with it.
28% : Historians will likely debate for decades why Trump won and Democrats lost in 2024, though the crypto community is convinced that the president's support for their cause made a difference.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.