As Trump Takes a Victory Lap, the Crypto Faithful Kiss the Ring

The denizens of cryptoland have erupted into celebration and gleeful told-you-so’s after Donald Trump, the self-styled “crypto president,” was voted back into the White House on Wednesday morning.

Under the Democratic administration led by President Joe Biden, crypto companies have felt they were being singled out for persecution by US financial regulators and denied access to essential services like banking. Democratic presidential candidate Kamala Harris, the current vice president, was viewed by the crypto faithful as complicit by proximity and likely to replicate this strategy. (Harris never declared her intentions towards the crypto industry.) But a victory for Trump marks the start of a promising new chapter, they say.

“This election

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