[Industry Organizations Compete For Seats On Trump's Cryptocurrency Advisory Committee, Prompting Consumer Groups To Warn: They Should Not Be Both Referees And Athletes] According To Reuters, Trump Has Promised To Set Up A New Committee As Part Of A Crypto-friendly Government. People Familiar With The Matter Said His Transition Team Is Discussing How To Build And Staff The Committee And Which Companies Should Be Included. According To Multiple Digital Asset Industry Executives, A Number Of Crypto Companies Such As Ripple, Kraken And Circle Are Vying For Seats On The Cryptocurrency Advisory Committee That President-elect Trump Has Promised To Set Up, Seeking To Have A Say In His Planned U.S. Policy Reforms. But Some Consumer Groups Have Warned That The Cryptocurrency Industry Should Not Be "both Referees And Athletes," And Some Sources Said Ethical Considerations Could Slow Down Personnel Appointments. But Others Said It Makes Sense To Involve Industry Experts In Key Policy Issues. Trump Has Won The Support And Campaign Donations Of The Industry By Promising To Become A "crypto President" And End Biden's Crackdown On Crypto Companies That Regulators Accuse Of Violating Securities And Anti-money Laundering Laws. Trump Is Also Pushing For An Executive Order To Guarantee Crypto Companies Access To Banking Services, End Law Enforcement Actions Against Them, And Other Changes