As the world of cryptocurrency continues to grow and evolve, many are wondering what impact the incoming Trump administration will have on the industry. While some may have concerns about the future of crypto under a new administration, experts are predicting that the capital going into US crypto startups will only increase.

One of the main reasons for this predicted increase is the growing interest and adoption of cryptocurrency by mainstream investors and institutions. With more and more traditional financial players entering the crypto space, there is a significant influx of capital that is expected to continue under the Trump administration.

In addition, the Trump administration has shown a pro-business stance, which could bode well for the crypto industry. With a focus on deregulation and promoting economic growth, it is likely that the administration will support the growth of innovative industries like cryptocurrency.

Furthermore, the recent appointment of Gary Gensler, a former Goldman Sachs executive and blockchain expert, as the head of the Securities and Exchange Commission (SEC) is seen as a positive sign for the crypto industry. Gensler’s knowledge and experience in the financial sector and blockchain technology could lead to more favorable regulations for crypto startups.

Another factor that could contribute to the increase in capital going into US crypto startups is the potential for a digital dollar. With the rise of central bank digital currencies (CBDCs) around the world, there is a growing interest in a digital version of the US dollar. This could open up new opportunities for crypto startups and attract more investment into the industry.

Overall, while there may be some uncertainty surrounding the future of cryptocurrency under the Trump administration, experts are optimistic about the potential for growth and investment in US crypto startups. With a pro-business stance and the appointment of a blockchain expert to a key regulatory position, the stage is set for continued growth and innovation in the world of cryptocurrency.