WP "Trump's transition team discussing complete deregulation of encryption with industry insiders..."

According to Crypto Potato, Washington Post reported that Donald Trump's transition team is in discussions with major industry insiders to completely deregulate digital assets for encryption. The Washington Post explained that "the transition team has set a foundation to complete the relevant regulations for the implementation of Trump's election pledge to make the U.S. a sanctuary for encryption." Alere Media emphasized that "the transition team is considering friendly individuals for requests from the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and Federal Deposit Insurance Corporation (FDIC). The candidate pool includes Daniel M. Gallagher, a former SEC commissioner currently affiliated with Robinhood, and current SEC commissioner Mark Uyeda, as well as Hester Peirce."