• 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

a year 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

Ripple's Trust Charter Could Transform Cross-Border Payments

chest

Ripple's trust charter may influence innovations in cross-border payments and regulatory adaptations.

user avatarDavid Robinson

Pakistan Partners with Binance to Explore Asset Tokenization

chest

Pakistan has signed a memorandum of understanding with Binance to explore the tokenization of up to $2 billion in various government-held assets.

user avatarAndrew Smith

Kotak Mahindra AMC Suspends New Investments in Silver ETF

chest

Kotak Mahindra AMC has suspended new investments in its Silver ETF due to a shortage of physical silver and high premiums, effective until at least October 10, 2025.

user avatarJacob Williams

SPX6900 and PEPE Experience Short-Term Pullbacks Amid Market Adjustments

chest

SPX6900 and PEPE have experienced short-term price declines of 5.04% and 7.71% respectively, reflecting typical market adjustments without indicating fundamental weaknesses.

user avatarZainab Kamara

Coinbase Reports Strong Q3 Earnings and Strategic Expansion

chest

Coinbase reported strong Q3 earnings with $19 billion in revenue and $433 million in net income, and announced the acquisition of Echo to expand its services.

user avatarSon Min-ho

Regulatory Challenges and Valuation Pressures for Coinbase

chest

Coinbase faced a €2.15 million fine from Ireland's Central Bank for anti-money laundering control failures, impacting analyst sentiment and leading to multiple downgrades.

user avatarAyman Ben Youssef

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.