Trump’s crypto advisor calls for compromises to pass crypto bill

A prominent crypto advisor associated with former President Donald Trump’s political network has issued a stark call for congressional lawmakers to prioritize compromise, stating that bipartisan flexibility is essential to pass crucial digital asset legislation before the end of the current session.

The advisor emphasized that while landmark bills, such as the Financial Innovation and Technology for the 21st Century Act (FIT21), represent significant progress toward establishing regulatory clarity, the pursuit of ‘perfect’ legislation risks failure, ultimately harming U.S. innovation. The key concern remains the unresolved jurisdictional dispute between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

In recent statements, the advisor stressed that a foundational regulatory framework, even if imperfect, would unlock massive economic potential and protect consumers far better than the current system of ‘regulation by enforcement.’ The plea for compromise reflects the Trump campaign’s broader strategy to court crypto voters, positioning the former President as a champion of the industry against what it characterizes as the hostile regulatory stance of the current administration. The advisor warned that continued legislative stagnation would drive talent and capital overseas, underscoring the urgency for immediate cross-party negotiation.

Source: Trump’s crypto advisor calls for compromises to pass crypto bill