- SEC’s March 21 meeting may establish stablecoin standards, shaping future regulatory frameworks for digital asset platforms.
- Over 80% of asset managers link crypto sector growth to strategic leadership appointments like David Sacks.
Asset managers overseeing $1.1 trillion in global funds predict that Donald Trump’s administration will drive crypto sector growth through clearer regulations and institutional backing, according to a March 5 study by Nickel Digital Asset Management.
The report, which surveyed investors in the U.S., Europe, Asia, and the Middle East, found that 88% expect friendlier rules for crypto exchanges and stablecoin issuers, while 92% believe Trump’s policies will strengthen the legal framework for blockchain and digital tokens.
Survey Highlights Pro-Crypto Policy Expectations
Participants linked market growth to two factors: regulatory adjustments—such as potential laws for crypto custodians—and strategic appointments. David Sacks, proposed as a “Crypto Czar,” is endorsed by over 80% of respondents as a key figure to attract institutional capital. 95% of managers view government support for digital assets as essential, with 27% calling it a “top priority.”
Bitcoin and Altcoins Show Mixed Reactions
Election uncertainty has sustained volatility in crypto markets. After Trump’s tariff announcements, Bitcoin (BTC) plummeted, marking its steepest drop in months. However, his proposal for a “Crypto Strategic Reserve” partially reversed losses, helping the global market cap rise 2.12% to $3.01 trillion.
Focus on Appointments and Regulatory Clarity
Over 80% of institutional investors tie the sector’s future to figures like Sacks, whose role could accelerate crypto adoption in pension funds and traditional finance. Anatoly Crachilov, CEO of Nickel Digital, noted the election has been dubbed the “crypto election,” citing progress like the SEC dropping cases against Coinbase and Uniswap.
While 55% of respondents reported higher crypto volatility and 36% noted sharp altcoin declines, long-term expectations remain steady. 42% of U.S. investors and 41% globally have delayed investment decisions until post-election clarity emerges.
The SEC’s crypto task force meeting on March 21 could define standards for stablecoin issuers and trading platforms. While Trump advocates a pro-crypto agenda, ETHNews analysts warn the policies’ real impact hinges on technical implementation and bipartisan support.
The market awaits concrete signals—from rules for institutional wallets to limits on Bitcoin mining. For now, the relationship between Washington and crypto remains a bellwether for global investors.
