Several experts expressed their opinion on how the election of Donald Trump as president of the United States could affect the cryptocurrency sector.They agreed that major changes should not be expected.Experts noted that the billionaire most likely will not radically change the current policy regarding cryptocurrencies.
For example, Artem Zeynetdinov from Uminers stressed that Joe Biden, the current US president, does not show interest in the cryptocurrency sector and tries to avoid this topic so as not to expose himself in a negative light due to his lack of knowledge in this area. According to Zeynetdinov, digital currency issues were also not a priority for Trump, although over the past few years he has released two series of NFT with his own images, although they have not received much success.
In 2019, Trump expressed his resentment towards digital assets on Twitter, calling them volatile and air-based. He also warned about possible illegal activities supported by digital currencies. Trump has also been critical of the digital dollar (CBDC), saying he will not allow it to appear.
Anna Rozhkova from the X2 Crypto project noted that Trump recently boasted about his ownership of bitcoins, and she believes that no matter who is president, the cryptocurrency sector will remain unchanged.
Rozhkova stressed that cryptocurrency exchange rates should be calculated in US dollars, and companies issuing stablecoins should continue to invest in American government debt by placing reserves in treasury bonds. She believes that if these rules are followed, the situation in the crypto sector will not change, as the US economy benefits from this. She also assumes that measures from the SEC will be applied in the future.
