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Patience is not a virtue common in the crypto industry, but it’s one digital-asset insiders may need to cultivate, writes stacy-marie ishmael.
Digital-asset enthusiasts spent the months since Donald Trump’s barnstorming July speech at a Bitcoin conference in Nashville pre-emptively celebrating his pledges to the industry: that if elected president, he’d fire their nemesis Gary Gensler; create a federal stockpile of Bitcoin; and make crypto great again.
Instead Gensler resigned, effective as of Inauguration Day — a day which featured a flurry of executive actions but not a single one about crypto or Bitcoin. Nor did any crypto executives appear in the prime seating alongside Mark Zuckerberg, Jeff Bezos, Sundar Pichai and Elon Musk.
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