Trump’s Crypto Advisory Council: The Hottest Ticket in Washington, DC

The cryptocurrency world is buzzing with anticipation as President Donald Trump assembles a high-stakes Crypto Advisory Council—a move that has sparked a frenzy among industry titans, investors, and policymakers alike. With major decisions on regulation and classification at stake, securing a seat on this council has become the most sought-after opportunity in Washington, DC.

Why Is Everyone Scrambling for a Seat?

“Everyone and their mother is begging to be on this council,” one eager crypto insider confessed.

But with no formal application process, hopefuls are left jockeying for position, leveraging their networks, and lobbying behind closed doors to gain favor.

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Names circulating as potential council members include Marco Santori, former general counsel of Kraken; Brad Garlinghouse, founder of Ripple; and Frank Chaparro, host of the popular podcast The Scoop. High-profile Trump donors and crypto CEOs—such as Circle’s Jeremy Allaire, Coinbase’s Brian Armstrong, and Crypto.com’s Kris Marszalek—are also rumored to be in contention.

What’s at Stake for the Crypto Industry?

This advisory council will shape the future of digital currency regulation in the U.S. One of the most pressing debates is whether cryptocurrencies should be classified as commodities or securities, which would determine whether the SEC or CFTC has oversight. Other key topics include:

- Defining national policy on digital assets
- Creating a regulatory framework for blockchain technology
- Collaborating with the Treasury Department and Homeland Security

With AI & Crypto Czar David Sacks at the helm, the council is expected to foster innovation and reverse years of what many in the industry saw as “harassment” under the Biden administration.

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The Trump Effect: A New Dawn for Crypto?

Trump’s presidency marks a potential golden era for crypto, as he has already appointed pro-crypto figures like Paul Atkins as SEC Chair. There are even discussions about an America-first digital currency strategy, prioritizing U.S.-founded coins like Solana, USD Coin, and Ripple’s XRP.

“For the first time, crypto has gone from the red-headed stepchild of finance to a cornerstone of American innovation,” said Annelise Osborne, chief business officer of blockchain platform Kadena.

As the U.S. repositions itself as a global leader in blockchain and digital finance, all eyes are on Trump’s advisory council and its members. For investors, this is a pivotal moment—one that could bring sweeping changes to the crypto market and redefine the industry’s regulatory landscape.

At Nollywood Spotlight, we’ll continue to monitor these developments closely. Stay tuned for more updates on how these shifts could impact global markets—including Africa’s burgeoning crypto economy.

What do you think about Trump’s crypto council? Drop your thoughts in the comments below!