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

Trump Re-evaluates U.S. Cryptocurrency Approach

user avatar

by Giorgi Kostiuk

2 years ago

Donald Trump's administration plans regulatory changes for cryptocurrencies, which could significantly affect their development in the U.S.

Trump’s Vision: A Pro-Crypto America

Donald Trump aims to establish the U.S. as a leader in cryptocurrency adoption. Key regulatory positions may see pro-crypto appointments in agencies like the SEC and CFTC. Potential candidates include Hester Peirce and Daniel Gallagher, known for their pro-crypto views.

Peirce has earned the moniker 'Crypto Mom' for her support of open crypto regulationWashington Post

The Potential Impact of a Pro-Crypto Shift

If Trump's team enacts these changes, it could profoundly impact U.S. crypto regulations, currently stringent under the Biden administration through the SEC. Companies like Coinbase have faced severe measures as a result.

Stablecoin Regulation

Trump's team is considering stablecoin regulation due to their significant role in the digital asset ecosystem. Two main approaches are discussed: a specific stablecoin bill or incorporating regulation into a broader crypto market structure bill.

With a Republican-controlled Senate and House, Trump may effectively advance a pro-crypto agenda, marking a significant development for the industry.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Price Approaches $80,000 Amidst Consolidation Signals

chest

Bitcoin price has surged towards the $80,000 mark, indicating a recovery from previous lows, but shows signs of consolidation.

user avatarAisha Farooq

PXTrader 20 Offers Enhanced Trading Features for Active Traders

chest

The newly launched PXTrader 20 platform by PrimeXBT enhances the trading experience with advanced features such as high leverage, tighter spreads, and integrated charting tools powered by TradingView.

user avatarBayarjavkhlan Ganbaatar

PrimeXBT Launches PXTrader 20 for Cryptofunded Trading

chest

PrimeXBT has launched PXTrader 20, a new platform that allows traders to use cryptocurrencies like Bitcoin and Ethereum as margin for trading various global markets without the need for conversion.

user avatarTenzin Dorje

Crypto Analyst Advises Caution on Bitcoin Purchases

chest

Crypto analyst Gargoyle advises against buying Bitcoin until high volume indicates a market bottom, as BTC risks further decline.

user avatarElias Mukuru

CharuSan Predicts XRP's Dominance Over SWIFT

chest

Crypto expert CharuSan argues that Ripple's XRP is superior for cross-border transactions compared to SWIFT, predicting SWIFT's eventual integration of XRP.

user avatarMohamed Farouk

Solana Price Faces Resistance as Market Conditions Shift

chest

Solana's price struggles to break the resistance level of 98 amid market consolidation, with potential targets of 107 and 117 if successful.

user avatarDiego Alvarez

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.