The crypto industry, an institution founded on the principle of getting the government’s greedy hands off the people’s currency, is booming. The reason? They may have finally convinced the government to get its hands on bitcoin.

This is Frances Yue, crypto reporter at MarketWatch. Crypto investors have been cheerful this week, as bitcoin has kept refreshing all-time highs and market participants are hopeful that the digital-asset sector will benefit from a more friendly regulatory environment after President-elect Donald Trump takes office.