(Bloomberg) — In 2019, former President Donald Trump proclaimed he was not a fan of cryptocurrencies because their values are based on “thin air” and they can facilitate drug trafficking and other crimes.
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What a difference five years, millions of dollars in donations and another tight presidential race can make. With elections less than four months away, crypto lobbyists have scored the backing of the soon-to-be Republican nominee just as supporters hope Trump’s political fortunes are on the upswing after he survived an assassination attempt on July 13.
And the industry’s wish list for a potential second Trump term is coming into focus: At the top is a more hands-off approach from regulators, who cracked…
