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Trump-Backed NexusOne Emerges as Power Player in U.S. Crypto and AI Policy Wars

Trump-Backed NexusOne Emerges as Power Player in U.S. Crypto and AI Policy Wars

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-01 14:29:57
0

Trump-Linked NexusOne Launches to Influence U.S. Crypto and AI Policy

Political meets technological: A new lobbying heavyweight enters the arena.

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The ’Decentralized’ Power Grab

NexusOne—staffed with former Trump administration officials and crypto insiders—is positioning itself as the bridge between Washington and blockchain/AI innovators. Critics call it a revolving door with a Bitcoin ticker.

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Why It Matters

With regulatory crackdowns looming, the group aims to rewrite rules before the 2024 election cycle heats up. Their first target? Killing proposed capital gains taxes on decentralized transactions—because nothing says ’financial freedom’ like well-connected lobbyists.

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The Bottom Line

Another ’grassroots’ initiative funded by hedge funds and political operatives. The crypto industry’s maturation looks suspiciously like old-school crony capitalism with extra buzzwords.

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