Donald Trump’s transition team is considering a White House crypto office for the first time

The Trump team is considering creating a White House role dedicated to crypto policy. The proposed “Crito Czar” will give direct access to the president of the industry. Donald Trump's past promises include an SEC crypto crackdown and an end to Bitcoin reserves.

As President-elect Donald Trump prepares to take office, there are reports that his transition team is actively exploring the creation of the first White House position dedicated to cryptocurrency policy.

According to Bloomberg, talks are underway to appoint a top government official to oversee the growing digital assets industry and its regulation.

The proposed role, often referred to as “crypto czar,” would provide a direct line to the president and a White House-appointed point person for the crypto industry.

If established, this position will serve as a liaison between key regulatory agencies in the digital assets sector, Congress, and the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC).

Industry advocates are pushing for the role to have greater access to Trump, making the industry's concerns heard at the highest levels of power.

While no final decision has been made regarding the role's creation, Trump's team has reportedly consulted with several leaders from the crypto space, including former Binance.US CEO Brian Brooks and Coinbase CEO Brian Armstrong.

These discussions signal a major shift in the US government's relationship with the cryptocurrency industry.

Support for crypto has been on the rise since his campaign, when Trump promised to end the SEC's crackdown on digital assets and even proposed establishing a federal strategic Bitcoin reserve. Howard Lutnick's position, including his appointment to head the US Department of Commerce, reflects more of his ties to the sector, but Lutnick's position has little impact on crypto regulation.

The role of crypto czar will allow the White House to effectively address the complexities of crypto-assets by giving the digital assets industry a more structured and popular voice in policymaking.

With Trump about to take office, such a stance marks a critical moment for the US crypto landscape.