Previously, there were the "Silicon Valley Eight Rebels", and now there are Trump's "White House Eight Generals". The former pioneered a new era of technological innovation in the US, while the latter are shaking up the Altcoin industry.

Unlike the "crypto strict regulation" style of the Biden administration, the "crypto-friendly wind" of the Trump era is blowing across the US political and business circles. And the "crypto advisory team" that Trump has assembled for cryptocurrencies is a group of outspoken government officials who support cryptocurrencies, some of whom can even be called radical.

This is also related to the background of the members of the "crypto advisory team" themselves, who are either famous members of the PayPal mafia in Silicon Valley or the most outspoken supporters of cryptocurrencies at the SEC and CFTC.

Trump himself has a traceable "track record" and "influence" in cryptocurrencies. From November 2024 to the present, he has led three major market trends. In November 2024, a month after Trump won the election, the cryptocurrency market, including the Altcoin market, rose across the board for a full month; on January 18, 2025 (two days before Trump officially took office as president), Trump announced the issuance of the memecoin - Trump, and its market value reached $80 billion in three days, draining the entire cryptocurrency market, with all cryptocurrencies except Trump plummeting on that day, and Trump's wife also issued a memecoin, which became a key turning point for the cryptocurrency market to turn from prosperity to decline.

And this month (March 2), Trump has taken action again, announcing the inclusion of BTC, ETH, Sol, ADA, and XRP in the national reserves, and cryptocurrencies like BTC have risen across the board again in a single day, ending a week of continuous decline, and the market has cooled down again after the news hype. It can be said that almost every time the Trump team releases news, it can cause significant fluctuations in the crypto market.

And the "crypto advisors" behind Trump are undoubtedly masters of playing the cryptocurrency game. Not only do they hold high positions and power, serving as the highest decision-makers in various important positions in the US, but their attitudes towards cryptocurrencies are also very clear and even radical. It is foreseeable that they will continue to have a profound and lasting impact on the development of the entire cryptocurrency industry in 2025 and even the next four years.

On this occasion, I have compiled a list of the eight key figures around Trump who are currently and will continue to have a direct and significant impact on the cryptocurrency industry. They are the "Crypto Tsar" David Sacks, the current acting SEC Chairman Mark T. Uyeda, SEC Chairman Paul Atkins, "Crypto Mom" Hester Peirce, the current CFTC Chairman Brian Quintenz, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Vice President JD Vance.

Crypto Tsar David Sacks: Bitcoin has the potential to become the next generation of the Internet

David Sacks is a key driver of the first White House Crypto Summit to be held on March 7.

David Sacks is one of the most critical figures in Trump's crypto advisory team. On January 23, 2025, Trump signed an executive order establishing the "President's Digital Asset Markets Working Group", which is led by David Sacks.

On December 5, 2024, Trump announced through his Truth Social platform that David Sacks would be the "White House AI and Crypto Tsar". In the announcement, Trump stated that David Sacks would "guide the government's policies on artificial intelligence and cryptocurrencies" and "strive to make the US a global leader in these two fields".

The "Crypto Tsar" is a new position established by Trump to drive the development of cryptocurrencies. It is responsible for coordinating the federal government's regulatory policies on cryptocurrencies, with highly concentrated power, and can quickly contact departments such as the SEC, Treasury, and Commerce to promote the crypto agenda.

David Sacks is a highly visionary investor and entrepreneur. As early as 2013, he expressed his optimism about Bit, stating on social media: "Bit has the potential to become the next Internet - the Internet of Money. I'm buying in." He started buying Bit in 2012 and has stated on multiple occasions that the transformative potential of Bit lies in its potential as a "non-fiat currency". He believes that Bit is not dependent on the government, but is supported by mathematics and cryptography, providing a financial system independent of government control.

David Sacks is not only a Silicon Valley venture capitalist, but also a member of the founding team of PayPal, with close ties to Elon Musk and Peter Thiel, who are all part of the "PayPal mafia". David Sacks also worked closely with Musk in his acquisition of Twitter in 2022.

In 2017, David Sacks founded the venture capital firm Craft Ventures and invested heavily in cryptocurrency and AI startups, participating in the early investments of crypto companies like dYdX and Lightning Labs.

Acting SEC Chairman Mark T. Uyeda: The war on crypto must end

"The war on crypto must end. We need safe harbors and regulatory sandboxes to allow innovation to thrive," Uyeda said in a November 23, 2024 interview with Stuart Varney.

Uyeda is the current acting SEC Chairman, known for his crypto-friendly attitude.

Previously, he has long opposed the SEC's regulation of the crypto industry through enforcement actions rather than clear rules under the leadership of former SEC Chairman Gary Gensler, believing that this approach has had a disastrous impact on the industry's development. He and Peirce have also jointly opposed the SEC's rejection of Coinbase's rulemaking request, believing that the SEC should actively respond to the industry's needs.

After taking office as the acting SEC Chairman, Uyeda quickly took action, announcing the establishment of a new "Crypto Task Force" on January 21, 2025, led by SEC Commissioner Hester Peirce, aimed at developing a comprehensive and clear regulatory framework for crypto assets.

After taking office, Uyeda immediately nominated another crypto-friendly former SEC Commissioner, Paul Atkins, as the permanent SEC Chairman (though still requiring Senate confirmation).

SEC Chairman Paul Atkins: Digital assets are the key innovation to make America great again

Whether it's "Crypto Mom" Hester Peirce or the current acting SEC Chairman Mark T. Uyeda, they have both previously served as lawyers on the private team of SEC Commissioner Paul Atkins and have maintained long-term relationships with him.

Paul Atkins was appointed by Trump as the SEC Chairman (acting), but still needs to be confirmed by the Senate. After being nominated by Trump as the permanent SEC Chairman in January 2025, he stated: "Digital assets are the key innovation to make America great again. The SEC's role is to support vibrant and innovative capital markets, not to suppress new technologies with outdated frameworks."

Atkins is widely seen as a staunch supporter of cryptocurrencies, and he has won widespread support from the crypto community, with Ripple CEO Brad Garlinghouse and Gemini exchange's Cameron Winklevoss publicly praising his nomination, believing it will bring "common-sense regulation" to digital assets.

Paul Atkins is also the current CEO of Patomak Global Partners, a consulting firm for the financial and cryptocurrency industries.

Atkins will form an pro-crypto policy team with other Trump financial officials, such as Bitcoin-supporting Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.

"Crypto Mom" Hester Peirce: DeFi is the testing ground for financial democratization

During Biden's presidency, Hester Peirce was the most supportive voice for crypto innovation within the SEC. She said: "DeFi is the testing ground for financial democratization."

In 2018, she made a statement: "We may be entering a new era where all transactions in the financial markets are recorded on the Blockchain... We should welcome this possibility rather than try to eliminate it."

And now, Hester Peirce has also become a key female figure in the Trump administration's staff, known for her open attitude towards Altcoins and Blockchain technology.

Peirce was appointed as an SEC commissioner in 2018 and has repeatedly expressed her support for Cryptocurrency innovation during her tenure.

In 2018, when dissenting the rejection of the Winklevoss Bitcoin ETF, she said: "The SEC's reasons for rejecting the Bitcoin ETF are untenable, we have deprived investors of choice without evidence that the market would be harmed." It was for this stance that she first earned the title of "Crypto Mom" in the Crypto community.

Peirce's main contributions to Cryptocurrencies include: believing that the SEC's overly strict regulations hinder innovation in the Crypto industry, repeatedly criticizing the SEC's refusal to approve Bitcoin spot ETFs, and advocating for a clearer regulatory framework for Decentralized Finance (DeFi).

In 2020, Peirce also proposed a "Safe Harbor" proposal, which suggested allowing Crypto projects to be exempt from the strict restrictions of securities laws for 3 years, so that projects could develop and achieve decentralization without the threat of SEC regulation, although this proposal was not adopted by the SEC, it sparked widespread discussion in the industry. She is also one of the few SEC commissioners who support the listing of a Bitcoin ETF.

On March 3, 2025, the SEC announced the member list of the "SEC Crypto Task Force", further confirming that Peirce is leading this task force.

CFTC Chairman Brian Quintenz: Bitcoin is a Commodity, Like Gold or Oil

"Bitcoin is a commodity, like gold or oil," said Brian Quintenz, the current CFTC Chairman.

Brian Quintenz was previously the policy chief of the Cryptocurrency department at a16z. Now, he has become the current Chairman of the U.S. Commodity Futures Trading Commission (CFTC).

Currently, he is seen as one of the key figures in the Trump administration pushing for Cryptocurrency policy.

Brian Quintenz was nominated by President Donald Trump and officially confirmed by the Senate in February 2025.

During his tenure as a CFTC commissioner from 2017 to 2021, he led the agency's Technology Advisory Committee and hosted multiple public policy discussions and briefings on Cryptocurrencies and Blockchain technology. He actively advocated for a "gentle" regulation of Cryptocurrencies, emphasizing that innovation should not be stifled while protecting investors.

He has pushed for the launch of the first regulated Bitcoin and Ethereum futures contracts on U.S. derivatives exchanges, demonstrating his in-depth understanding and supportive attitude towards the Crypto market.

Brian Quintenz supports viewing most Crypto assets as commodities rather than securities, which is consistent with CFTC's jurisdiction. He has publicly questioned the SEC's stance on assets like Ethereum, arguing that if Ethereum is considered a security, its futures contracts would be illegal. He has pushed for CFTC to be the primary regulator of the Crypto market, to avoid the strict framework of the SEC.

After leaving the CFTC, Brian Quintenz joined the venture capital firm Andreessen Horowitz (a16z) as the policy chief of its Cryptocurrency department, dedicated to promoting regulatory reforms favorable to the Crypto industry.

In terms of personal investments, Brian Quintenz has invested in the Grayscale Bitcoin Trust, demonstrating his confidence in Crypto assets.

At the national level, Brian Quintenz is also an active supporter of Cryptocurrencies. "A national Crypto reserve is not a dream, but a strategy, and the CFTC will work with the government to explore how Bitcoin can enhance the resilience of the U.S. economy," he said at a summit in March 2025.

Treasury Secretary Scott Bessent: Cryptocurrencies are About Freedom, a National Crypto Reserve is Not a Dream

"A national Crypto reserve is not a dream, but a strategy, and Bitcoin can enhance the resilience of the U.S. economy," said current Treasury Secretary Scott Bessent in January 2025.

Scott Bessent is a radical supporter of Cryptocurrencies. He has predicted that the price of Bitcoin will reach $980,000. According to the U.S. government's Office of Government Ethics financial disclosure documents released in January 2025, Bessent holds a BlackRock Bitcoin spot ETF (IBIT) worth between $250,000 and $500,000.

Scott Bessent is the founder of Key Square Capital Management and has served as a partner and chief investment officer at George Soros' Soros Fund Management.

Bessent has publicly expressed his support for Cryptocurrencies, especially Bitcoin. He believes that Cryptocurrencies represent "freedom" and are a key component of financial system innovation. In an interview with Fox Business in July 2024, he stated: "Cryptocurrencies are about freedom, and the Crypto economy will exist in the long term." He also pointed out that Bitcoin is attractive to the younger generation and those outside the traditional banking system, and can "cultivate the market culture of America."

He supports Trump's proposal to establish a national strategic Bitcoin reserve, believing that this can position the U.S. as the global leader in digital assets.

Commerce Secretary Howard Lutnick: Bitcoin, That's the Future of the Economy!

"Bitcoin, that's the future of the economy!" the current U.S. Commerce Secretary Howard Lutnick has said in public speeches.

Lutnick has a positive attitude towards Cryptocurrencies, and has publicly supported Bitcoin and other digital assets. He has compared Bitcoin to gold and advocated for its global free trade. In February 2025, Howard Lutnick was confirmed by the U.S. Senate as the new U.S. Commerce Secretary.

Prior to this, Lutnick was the CEO of the financial services company Cantor Fitzgerald, which is a key partner of the global stablecoin Tether (USDT), responsible for managing a portion of Tether's reserve assets (including U.S. Treasuries).

As the CEO of Cantor Fitzgerald, Lutnick actively supports Tether (USDT) and has endorsed the legitimacy of its reserves. He pointed out that as a primary U.S. government bond trader, Cantor Fitzgerald is able to meet large-scale redemption demands, ensuring the stability of Tether.

Lutnick has also posted on X saying: "Tether is the pillar of the Crypto economy, and those who question it don't understand modern finance."

Vice President JD Vance: The First Presidential Candidate to Own Bitcoin

Current U.S. Vice President JD Vance is the first presidential candidate in American history to own Bitcoin.

Vance has repeatedly viewed Bitcoin as a tool to resist government control of finance. In his 2024 campaign, he stated: "Bitcoin represents a decentralized future, and we need to protect it from bureaucracy." Although he did not explicitly support Trump's "National Bitcoin Reserve" plan, his rhetoric echoed this vision.

In 2022, when the Canadian government froze the bank accounts of participants in the Ottawa truck driver protests, Vance posted: "This is why Cryptocurrencies are thriving, if your political views are wrong, the government will cut off your access to banking services."

According to public disclosures in 2023, Vance held between $250,000 and $500,000 worth of BTC through Coinbase. After being nominated as the vice presidential candidate, Vance liquidated his personal Bitcoin holdings in late July 2024 to avoid potential conflicts of interest, which was consistent with his wife Usha Vance's resignation from the law firm Munger, Tolles & Olson (which had provided legal services to Coinbase).

Just like the crypto czar David Sacks, Vance's career in Silicon Valley has allowed him to establish deep connections with tech leaders who support crypto. In 2019, Vance co-founded the venture capital firm Narya Capital with PayPal co-founder Peter Thiel, Eric Schmidt, and others, focusing on tech startups in the Midwest. After being elected to the Senate in 2022, he resigned from his partner role but still holds at least $500,000 in shares of the company.

In Conclusion

Trump has become the person who can most influence the crypto industry ecosystem in the world today.

His radical attitude towards cryptocurrencies stems partly from Trump's personal inclination, and partly from the long-standing attitude of his core team members and core supporters towards cryptocurrencies.

In 2013, the crypto czar David Sacks began publicly supporting Bitcoin, believing that BTC was consistent with PayPal's original dream of establishing a global currency. In 2018, Peirce, then an SEC commissioner, and Brian Quintenz, then a CFTC commissioner, publicly criticized the authorities for being too harsh in regulating the crypto industry, and they have now become the leaders of the SEC and CFTC.

When an arrow that has been charged for seven years is shot and hits the bull's-eye, the energy it unleashes will continue to expand.

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