Recently, in the United States, the approach to the crypto currency industry has changed greatly. President Donald Trump’s election victory has made a significant transformation of the White House’s attitude towards crypto currencies and paved the way for new policies aiming to address the sector in a more friendly framework. Trump began to implement the crypto -friendly promises he gave in the election campaign and important steps were taken in this direction. With his latest statements at Future Investment Investment Insvestment Initiative Priority Summit, Miami announced the strategies determined by the Trump administration to create in the crypto currency world and the strategies for the sector.
Trump made a crypto money statement
The United States President Donald Trump’s victory in the presidency has transformed the White House’s approach to the crypto currency industry. In the election campaign, Trump promised to bring crypto -friendly policies to support the sector. Now, in a statement in Miami Future Investment Initiative Priority Summit, the Trump administration said that the Biden administration ended the “Bitcoin and Altcoin war”.
The new US administration established a special task force under the US Securities and Stock Exchange Commission (SEC) to clarify Bitcoin and Altcoin regulations in order to better regulate the US Bitcoin and Altcoin sector. There are also rumors that the US government is preparing to create a crypto currency reserve. Trump emphasized the determination to create Bitcoin and Altcoin -friendly policies to improve the sector, and promised to make America as a crypto currency capital.
The aim is to finish ‘Biden’s crypto war’
Under the leadership of Gary Gensler, the previous US SEC administration had a restrictive approach to the crypto currency industry. With the guidance of the Biden administration, SEC, Binance and Coinbase carried important crypto companies to the court, and even Binance had to terminate US operations. However, Trump argues that he ends this restrictive framework with executive orders.
Recently, Binance CEO Richard Teng, in his speech at the Consensus Crypto Conference, admitted that the new US administration had a relaxing effect for the crypto industry. Teng said that the new administration offers a fresh start to the sector. In addition, the Trump administration continues to appoint crypto -friendly leaders to important positions at the White House. The appointment of Howard Lutnick as the US Trade Minister was the last example of such appointments.
