According to a new report, during the mission of President Donald Trump, a remarkable decrease in the sanctions of federal law enforcement officers and regulatory institutions for crypto and technology companies. The report states that web3, financial technologies (fintech) and artificial intelligence companies are the most beneficial sectors from this relaxation.
Crypto coins breathed comfortably
According to the report, this change is seen as a result of a systematic strategy shaped by campaign donations over $ 1 billion from various sectors. The large companies in question made a great effort to reduce the sanctions against them, led to rewrite federal policies in their favor and tried to prevent future sanctions.
This change, which does not make a clear picture for the public, has been made more visible with a comprehensive report prepared by public organization Public Citizen. The report includes many data on the subject and has been revealed with figures how the audits have decreased since Trump has been elected.
According to the findings in the report, after the 2024 elections, the federal authorities stopped or suspended 165 companies, and one quarter of them belonged to technology companies. According to the report, the biggest relaxation was experienced in web3, crypto and artificial intelligence companies.
The statements of Public Citizen Representative Rick Claypool also stand out on the subject:
“Trump administration gives up applying rules for major technology companies. In the efforts of billion dollars of impact efforts, the contents of the technology sector have become almost untouchable.”
Although President Trump has sometimes criticized crypto beings, his attitude in his last election campaign has changed 180 degrees. He won the elections with the strong support of crypto currency investors. The report draws attention to the fact that at least $ 1.2 billion donations are received from the sector. However, Trump’s crypto currency has earned billions of dollars for him and his family.
The role of campaign donations and the future
The report points out that many companies follow a certain strategy and relieve regulatory pressure in exchange for high donations. It is emphasized that some crypto companies still maintain close relations with Trump after the proceedings for them.
Although these developments are questioned by many people and observers in the sectors, the data presented by the report point to a systematic movement. The report is particularly important because it draws attention to the benefits of the regulation steps that are importantly important to ensure the permanence of crypto currencies in the field of finance.
In the conclusion part of the report, it is emphasized that Trump quickly evolved from an attitude that criticizes crypto to a supportive position and has made comprehensive changes in federal policy with the support of the sector.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
