The politician appointed by Trump will be scrutinized for potential conflicts of interest with the cryptocurrency industry

The elected President of the United States, Donald Trump, is taking office and a series of cryptocurrency supporters and holders he has promoted will soon influence US crypto policy.

For many years, the crypto industry has been struggling with lawsuits and law enforcement actions from the US government, so there are hopes that the upcoming Trump administration will bring about a change in policy.

Politicians appointed by Trump will be scrutinized for potential conflicts of interest with the crypto industry, some have already promised to sell their holdings.