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How Crypto Lobbying Won Over Trump

The article discusses the crypto industry's efforts to influence former U.S. President Donald Trump's administration. It highlights the industry's extensive lobbying activities, which involved courting Trump and his advisers. The crypto industry's goal was to shape policies and regulations in their favor, and their strategies included hosting events at Trump's properties, donating to Republican causes, and hiring former Trump administration officials as lobbyists. The article suggests that the crypto industry's lobbying efforts were largely successful, leading to a more crypto-friendly stance from the Trump administration. This included the Treasury Department's decision to delay a rule that would have required stricter reporting of certain cryptocurrency transactions. The article suggests that the crypto industry's influence over the Trump administration represents one of the "great lobbying free-for-alls in recent Washington history." It highlights the industry's ability to effectively navigate the political landscape and exert significant influence over policymaking.

6
updates in timeline
5
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2 weeks
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Jul 23, 2025
latest update

Jul 9, 2025 → Jul 23, 2025

LATEST DEVELOPMENT
Jul 23, 2025·GizmodoT2 · Outlet report
Trump Media Is Now a $2 Billion Bitcoin Bet

The article discusses how the company behind Truth Social, former U.S. President Donald Trump's social media platform, is converting its cash into cryptocurrency, creating a significant link between the platform's future and the volatile…

Read original at Gizmodo →
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6 updates from 5 sources over 2 weeks.

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July 2025

6 updates
Jul 23, 2025·GizmodoT2 · Outlet reportLATEST
Trump Media Is Now a $2 Billion Bitcoin Bet

The article discusses how the company behind Truth Social, former U.S. President Donald Trump's social media platform, is converting its cash into cryptocurrency, creating a significant link between the platform's…

Read original at Gizmodo →
Jul 23, 2025·WiredT2 · Outlet reportKEY MOMENT
The Great Crypto Re-Banking Has Begun

The article discusses the recent changes in the relationship between cryptocurrency firms and traditional banks in the United States. Historically, crypto companies have faced difficulties in accessing banking services,…

Read original at Wired →
Jul 18, 2025·BloombergT2 · Outlet reportKEY MOMENT
Trump Says Crypto Bill Will Secure Dollar’s Status

President Donald Trump has signed a federal bill that aims to regulate stablecoins, a type of cryptocurrency. Trump described this move as a "giant step to cement American dominance of global finance and crypto…

Read original at Bloomberg →
Jul 18, 2025·Ars TechnicaT2 · Outlet report
Trump to sign stablecoin bill that may make it easier to bribe the president

Title: "Trump Signs Stablecoin Bill, Raising Concerns About Potential Abuse" The article discusses a new bill that President Trump is expected to sign, which may make it easier to bribe the president. The bill is…

Read original at Ars Technica →
Jul 17, 2025·WiredT2 · Outlet reportKEY MOMENT
Congress Passes GENIUS Act in Major Win for US Crypto Industry

The U.S. Congress has passed the GENIUS Act, a significant victory for the cryptocurrency industry. The legislation is expected to pave the way for the launch of a wave of new stablecoins, digital assets pegged to…

Read original at Wired →
Jul 9, 2025·NYTT2 · Outlet reportOPENING
How Crypto Lobbying Won Over Trump

The article discusses the crypto industry's efforts to influence former U.S. President Donald Trump's administration. It highlights the industry's extensive lobbying activities, which involved courting Trump and his…

Read original at NYT →

Sources & evidence (6)

What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.

T2 · Outlet report× 6
COVERAGE BY SOURCE
Wired 2NYT 1Ars Technica 1Bloomberg 1Gizmodo 1
STRONGEST EVIDENCE
T2 · Outlet reportGizmodoJul 23, 2025

The article discusses how the company behind Truth Social, former U.S. President Donald Trump's social media platform, is converting its cash into cryptocurrency, creating a significant link between the platform's future and the volatile…

View source →
T2 · Outlet reportWiredJul 23, 2025

The article discusses the recent changes in the relationship between cryptocurrency firms and traditional banks in the United States. Historically, crypto companies have faced difficulties in accessing banking services, a phenomenon known…

View source →
T2 · Outlet reportBloombergJul 18, 2025

President Donald Trump has signed a federal bill that aims to regulate stablecoins, a type of cryptocurrency. Trump described this move as a "giant step to cement American dominance of global finance and crypto technology." The bill is the…

View source →
T2 · Outlet reportArs TechnicaJul 18, 2025

Title: "Trump Signs Stablecoin Bill, Raising Concerns About Potential Abuse" The article discusses a new bill that President Trump is expected to sign, which may make it easier to bribe the president. The bill is related to stablecoins, a…

View source →
T2 · Outlet reportWiredJul 17, 2025

The U.S. Congress has passed the GENIUS Act, a significant victory for the cryptocurrency industry. The legislation is expected to pave the way for the launch of a wave of new stablecoins, digital assets pegged to traditional currencies or…

View source →
T2 · Outlet reportNYTJul 9, 2025

The article discusses the crypto industry's efforts to influence former U.S. President Donald Trump's administration. It highlights the industry's extensive lobbying activities, which involved courting Trump and his advisers. The crypto…

View source →

Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary

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