Author: Vince Quill, CoinTelegraph; Compiler: Deng Tong, Golden Finance
The inauguration of U.S. President-elect Trump on January 20 has excited cryptocurrency industry executives who are looking forward to pro-crypto policies.
However, sources noted that these policies may or may not survive the end of his administration, depending on the balance of power in Washington, D.C.
Adam O’Brien, founder and CEO of Bitcoin Well, a financial services company focused on Bitcoin, said that Trump’s pro-crypto policies will continue if incoming Vice President JD Vance succeeds Trump as president in 2029. “If we see Vance in the next election, then I think every policy Trump has implemented will have staying power because Vance will likely be involved in almost all of those decisions and agree with most of them,” O’Brien said.
The CEO added that Trump’s pro-crypto policies could be threatened if Democrats regain control of Congress and the presidency in the next election cycle.
This is especially true of policies enacted through executive orders, which are more easily overturned by successors than policies enacted through Congress.
Trump delivers a keynote speech at the Bitcoin 2024 conference in Nashville.
Joe Doll, general counsel at NFT marketplace Magic Eden, recently noted that the Trump administration may only have 24 months to enact policies that support cryptocurrencies.
The attorney said the slim Republican majority in the House of Representatives will almost certainly flip to Democratic control in the 2026 midterm elections.
Former House Speaker Paul Ryan took the stage at the North American Blockchain Summit in Texas on Nov. 20 to call for bipartisan cooperation on cryptocurrency regulation.
The former congressman said it would take at least 60 votes to pass cryptocurrency policy reforms, reminding the audience that Republicans hold a slim majority of just four seats in the House of Representatives.
Current party distribution in the U.S. House of Representatives. Source: U.S. House of Representatives
Ryan also urged President-elect Trump not to further weaken the Republican Party's slim majority by picking House representatives to join his cabinet.
Representatives in the U.S. House of Representatives must give up their seats in Congress to accept positions in the executive branch and must be replaced according to the rules of the state.
However, Lee Bratcher, chairman of the Texas Blockchain Commission, believes that political representatives are much less likely to oppose the cryptocurrency industry under pressure from industry advocacy groups after the 2024 election results are announced.
"The last election cycle was so thorough and overwhelming that it would be quite foolish for members of Congress to risk publicly opposing cryptocurrency," Bratcher said.
The SEC has replaced its Crypto Assets and Cyber Unit with the Cyber and Emerging Technologies Unit (CETU), shifting focus from crypto fraud to broader cyber threats like AI-related crime. While crypto enforcement continues, it is no longer the main priority under the new leadership.
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