The Trump Task Force aims for radical changes in crypto market regulation to bring new growth and development conditions in the US.
Tasks for the Crypto Task Force
In early February 2025, the Crypto Task Force held a press conference but missed the mark on regulatory clarity. The focus seemed to placate the crypto industry. The meeting also discussed the development of a strategic Bitcoin reserve. The main task should be to highlight the dangers of central bank inflationary money and promote decentralized currencies, while eradicating fraud.
The Freedom Age: Innovation Without Limits
The US President has emphasized responsible growth of crypto. It is planned to develop environments that support competition and technology growth without the fear of imprisonment. Initiatives to support the crypto market and attract talent must be implemented without delay. The author notes that the US needs to compete with countries like the UAE by creating favorable conditions for founders.
Time to Let the Market Decide: Path to Progress
With a new president, the US crypto industry needs to eliminate barriers like those from the Securities and Exchange Commission. The main task of the Task Force should be to protect market interests and create conditions for innovation and investment. The US lags behind Asian countries in retail investing and needs to shift to a progressive approach to cryptocurrencies.
It is important for the US to refocus on supporting innovation and creating favorable conditions for crypto anarchists, prioritizing freedom and competitiveness. A new strategy could lay the foundation for more significant changes and return the US to leading positions in the crypto industry.
