Lana Negrete, known for her support of cryptocurrency, has been appointed as the mayor of Santa Monica, California, marking the state’s first pro-Bitcoin mayor.
Lana Negrete's New Appointment
Lana Negrete, popular in the crypto community for her advocacy and belief in cryptocurrency, has been appointed as the mayor of Santa Monica. Before this appointment, she led several initiatives to promote Bitcoin and played a key role in establishing the first government Bitcoin office in Santa Monica.
Bitcoin Office in Santa Monica
Negrete was instrumental in establishing the first government Bitcoin office in Santa Monica. The initiative was unanimously supported by the city council. The primary goals of the Bitcoin office include promoting cryptocurrency education, fostering industry partnerships, creating job opportunities, and facilitating economic recovery.
Appointments in Trump Administration
Donald Trump has appointed several pro-crypto candidates to key positions in his administration. This includes Paul Atkins as the new chairperson of the Securities and Exchange Commission and David Sacks as the White House A.I. & Crypto Czar. Prominent figures like Elon Musk have also been appointed, indicating strong support for the cryptocurrency industry.
The appointment of Lana Negrete as the mayor of Santa Monica and the pro-crypto stances within the Trump administration could have significant implications for the development and adoption of cryptocurrencies in the United States.