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Bitcoin (BTC-USD) is yet again trading above the $100,000 mark amid reports that crypto is an early priority for the incoming Trump administration.
Delta Blockchain Fund founder and general partner Kavita Gupta joins Catalysts with Seana Smith to discuss the crypto industry heading into Trump's return to the White House.
Gupta says the crypto community is relieved that Trump is prioritizing crypto regulation. "There is a big feeling of, 'Thank God we are no more in a gray area,'" she says. "It feels like now, every institution, every government, every country's president is talking about it, which is absolutely great."
"We do want to protect retail customers. We want to work within the government bounds ... the clarity on the regulations is and should be the first priority," Gupta adds.
Watch the video above to learn about Gupta's expectations for Trump's administration to bolster the US's global standing within the crypto space, crypto initial public offering (IPO) opportunities, and downside risks to bitcoin's rise.
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The post was written by Naomi Buchanan.