Author: Vince Quill, CoinTelegraph; Compiled by Tong Deng, Jinse Finance

President-elect Trump's inauguration on January 20 has the crypto industry executives excited, who were hoping for crypto-friendly policies.

However, sources indicate that these policies may or may not continue after his term, depending on the power balance in Washington D.C.

Adam O'Brien, founder and CEO of Bitcoin-focused financial services company Bitcoin Well, said that if the incoming Vice President JD Vance replaces Trump as President in 2029, Trump's pro-crypto policies will continue. O'Brien said: "If we see Vance in the next election, I think every policy Trump implemented will have longevity, because Vance will likely be involved in almost all of those decisions and agree with most of them."

The CEO added that if the Democrats regain control of Congress and the Presidency in the next election, Trump's pro-crypto policies may be threatened.

Policies made through executive orders are particularly vulnerable, as they are easier for successors to overturn compared to those enacted through Congress.

Trump delivering a keynote speech at the Bit 2024 conference in Nashville.

Legislative Gridlock and US Midterm Elections

Joe Doll, general counsel of the NFT marketplace Magic Eden, recently pointed out that the Trump administration may only have 24 months to enact crypto-supportive policies.

The lawyer said the Republicans' slim majority in the House is almost certain to shift to Democratic control by the 2026 midterm elections.

Former House Speaker Paul Ryan took the stage at the North American Blockchain Summit in Texas on November 20, calling for bipartisan cooperation on crypto regulation.

The former congressman stated that at least 60 votes are needed to pass crypto policy reforms, and reminded the audience of the Republicans' slim 4-seat majority in the House.

Current party distribution in the US House of Representatives. Source: US House of Representatives

Ryan also urged President-elect Trump not to further weaken the Republicans' slim majority by appointing House members to his cabinet.

House representatives must give up their seats in Congress to accept executive branch positions and be replaced according to state regulations.

However, Lee Bratcher, chairman of the Texas Blockchain Council, believes the likelihood of political representatives opposing the crypto industry is much lower after the 2024 election results, under pressure from industry advocacy groups.

"The last election cycle was so thorough and unstoppable, it would be quite foolish for a Congressman to openly oppose crypto," Bratcher said.