In a post early Thursday on his Truth Social platform, Trump wrote: "CONGRATULATIONS BITCOINERS!!! Cryptocurrency advocates are not pushing back on the idea that Trump deserves some credit for the latest price rally. Up only," wrote David Bailey, CEO of Bitcoin Magazine and the Bitcoin Conference, in a post on X. "It’s impossible to express the magnitude of the shift we’re likely to see at an SEC run by Paul Atkins," wrote Jake Chervinsky, chief legal officer for financial technology group Variant. “We will have regulations, but from now on the rules will be written by people who love your industry, not hate your industry,” Trump said at the time.

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Persons: Donald Trump, Trump, David Bailey, Trump's, Paul Atkins, Atkins, ” Atkins, Gary Gensler, Jake Chervinsky, Crypto, Scott Bessent, “ Crypto, Bessent, ” Forbes, J.D, Vance, Robert F, Kennedy Jr, Howard Lutnick, “, ” Trump Organizations: Bitcoin Magazine, Bitcoin Conference, Securities and Exchange Commission, Patomak Global Partners, Chamber of Digital Commerce, Alliance, SEC, Fox, Forbes, Health, Human Services, Commerce Locations: November's, America, Nashville