- Two years ago, during the Biden administration, the U.S. government was cracking down hard on crypto companies through a campaign often referred to as "Operation Chokepoint 2.0." This involved regulatory pressure, lawsuits, and banking restrictions that forced many crypto companies to either shut down or move out of the U.S.
- Now, under Trump’s influence and leadership tone returning in the political space, the narrative seems to be shifting. A big sign of this shift is Coinbase, the largest U.S.-based crypto exchange.
- This is being seen by many as a major win for crypto adoption and recognition in the U.S. financial system, and supporters are crediting Trump for creating a more favorable environment for the industry.
