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Donald Trump: A New Era for Cryptocurrency in America?

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by Giorgi Kostiuk

11 hours ago


In recent months, Donald Trump has drawn attention with his stance on cryptocurrencies, causing divisions among investors and industry experts.

A New Era for Cryptocurrency According to Trump

Kevin O’Leary, chairman of O’Leary Ventures, highlighted the positive impact of Trump's policies on cryptocurrencies, calling it the start of a 'new phase.' The so-called 'cowboy era of crypto,' according to O’Leary, has ended, marking a new chapter in the industry. He believes Trump's administration is fostering clearer regulation.

Criticism and Skepticism Over Trump's Measures

Not everyone welcomes the changes proposed by Trump. Critics, such as Zack Guzmán, a journalist and founder of Trustless Media, voiced concerns that some companies may benefit more than others, while the overall structure may support 'crony capitalism.' Furthermore, crypto memes launched by Trump, like 'TRUMP,' have faced sharp criticism and have been labeled unethical.

The Future of Cryptocurrency Amid Political Changes

Trump's policy on establishing a strategic Bitcoin reserve is deemed unrealistic by some. Nonetheless, supporters like O'Leary remain convinced that such measures will help propel the US to leadership in the cryptocurrency sphere. The question of whether these innovations will be sustainable and their impact on long-term investments remains open.

Trump's supporters hope his initiatives will bring long-awaited stability and recognition to the cryptocurrency sector. However, the sector remains divided between the hope for reforms and cautious skepticism about their practical implementation.

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