The Trump administration saw over 20% of officials holding cryptocurrency, in stark contrast to the 0% crypto background in the Biden era.

BlockBeats News, May 17th, The Washington Post published a special article pointing out that nearly 70 senior officials and nominees in the Trump administration (over 20%) had held cryptocurrency or blockchain-related investments, with the lowest disclosed value reaching $193 million. Among them, President Trump himself held at least $51 million, Vice President Pence and several cabinet members also held positions worth millions of dollars.

The article noted that this marks a "historic reversal" for the crypto industry: many tech/crypto industry insiders have entered the government, leading to a more lenient regulatory environment. This stands in stark contrast to the Biden era, but critics are concerned about potential conflicts of interest and ethical issues.