• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

How Trump's Inauguration Could Influence Crypto Regulation: Expectations vs Reality

user avatar

by Giorgi Kostiuk

3 months ago


As Donald Trump's inauguration approaches with promises of crypto regulation reform, expectations for changes have emerged. However, NYDIG experts believe these changes won't be immediate.

Plans to Reform Crypto Regulation

NYDIG's Greg Cipolaro cautions against expecting immediate changes to crypto regulation with the Trump administration's arrival. While many promises could happen swiftly, others might take more time. For instance, the passing of the FIT21 bill and stablecoin legislation could be delayed, as the new conservative legislature may be less willing to compromise.

Key Appointments

Trump's picks for the Treasury, the Securities and Exchange Commission, and a digital assets adviser appear favorable for the crypto market. However, appointments to key agencies such as the Commodity Futures Trading Commission, Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation are still unknown.

Not all of Trump’s picks have been revealed, but from what we know so far for the agencies that matter regarding crypto and Bitcoin, we like what we see.Greg Cipolaro

Impact on Strategic Decisions

One potential change that could occur quickly via executive order is the creation of a strategic Bitcoin reserve. At present, a draft of such an order is already circulating on social media. However, such an order could be less permanent as it could be revoked by the next president. A possible strategic reserve could be formed from the $18.3 billion of confiscated cryptocurrencies.

While Trump's inauguration raises questions about potential changes in crypto regulation, experts caution that expectations should be tempered. Many initiatives require time and approvals at all levels of government.

0

Share

Other news

Meme Coins: Cryptocurrency Trends and Risks

Discover meme coins: internet trends, opportunities, and risks. Learn about the chances and challenges in the cryptocurrency market.

user avatarGiorgi Kostiuk

6 minutes ago

Uniswap DAO Enhances Governance with New Delegation Program

Uniswap DAO approves Treasury Delegation Program to increase governance participation and allocate 18 million UNI tokens.

user avatarGiorgi Kostiuk

8 minutes ago

Metaplanet Expands Bitcoin Holdings Amid Strong Q1 Results

Japanese firm Metaplanet purchases 696 BTC, increasing holdings to 4,046 BTC.

user avatarGiorgi Kostiuk

13 minutes ago

Three Factors Supporting Bitcoin's Rise in Q2

Historical trends and interest rate cuts create favorable conditions for BTC growth in Q2.

user avatarGiorgi Kostiuk

14 minutes ago

Polygon Labs: End of 'AOL Era', Start of a New Crypto Age

Polygon Labs marks the end of the 'AOL era' in the crypto industry, paving the way for more advanced and efficient blockchain solutions.

user avatarGiorgi Kostiuk

14 minutes ago

Ted Cruz Proposes Bill for Using Flared Gas in Bitcoin Mining

Ted Cruz's bill aims to use flared gas in bitcoin mining for reducing emissions and enhancing efficiency.

user avatarGiorgi Kostiuk

15 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.