Donald Trump introduces himself as the 'crypto president' in his second term, anticipating major changes in the US crypto ecosystem.
Opportunities for Crypto Investments
According to Bloomberg, during the 2025 World Economic Forum in Davos, Wall Street executives discussed potential investment opportunities in the crypto sector. Jenny Johnson, CEO of Franklin Templeton Investments, noted the expectation of greater integration of traditional finance and crypto under the Trump administration. Nonetheless, Wall Street firms emphasize the importance of regulatory clarity, especially regarding the custody of crypto assets.
Financial Leaders and Memecoins
During the meeting, financial companies pointed out that the recent explosion of memecoins has significantly impacted Trump's crypto policies. TD Cowen analyst Jaret Seiberg warned that the volatile nature of the TRUMP memecoin could hinder efforts to pass digital asset legislation in Congress.
Need for Regulation
Wall Street's focus on Trump's crypto policies marks a significant development amid memecoin volatility. Financial firms stress the need for regulatory clarity to foster growth in the crypto market.
In light of these developments, there is a growing necessity for comprehensive regulations to ensure stability and reliability in the crypto market.
