That would make sense if the Trump admin were actually regulating crypto but they're tearing that up as well.[1] Why would Trump regulate his own scam coins? Finally regulation isn't a magic wand that stops behavior, it stops it with the threat of punishment after the event. So no this doesn't make sense.
1: https://thehill.com/policy/technology/5170036-trump-sec-cryp...
And as your link says:
> “We in the crypto space felt it was very deceptive the way they [the Biden administration] went about dealing with crypto firms. They told crypto firms to come in and register, to come in and engage with them,” said Nic Carter, a founding partner at crypto investment firm Castle Island Ventures. “There was no meaningful way to do that.”
But BTC and ETH at least are not considered securities at this point, and in general, the SEC has not done all that well when companies took it to court.