If Donald Trump's promises of light-touch regulation come to pass, crypto may have to increasingly rely on self-regulation, one expert notes.

President-elect Donald Trump said the U.S. is going to become the global leader for cryptocurrency in his upcoming term. "We're gonna do something great with crypto because we don't want China, or anybody else

Bitcoin surpassed $100,000 for the second time ever on Wednesday, after hitting the milestone the first time in early December, a surge fueled by optimism that the Trump administration would be more friendly to the cryptocurrency industry.

“A whole-of-government approach that collaborates closely with private industry is essential to winning the AI race, and a designated AI leader in the Administration can help do that,” Tony Samp, the head of AI policy at the law firm DLA Piper, tells TIME.

Markets co-founder, discusses the 2025 crypto market as President-elect Donald Trump hints at a friendlier environment for digital currencies. She joins Tim Stenovec on "." (Source: Bloomberg)