With Donald Trump poised to assume the US presidency, his initial actions concerning cryptocurrency regulations are causing a stir within the crypto community. Reports suggest that through an executive order, Trump plans to introduce changes affecting the SEC, including the formation of crypto-focused task forces and the removal of certain regulations targeting DeFi projects.
The move is partly facilitated by the resignation of former SEC chair Gary Gensler, known for his critical stance against altcoins like Ripple. Trump's successor, Paul Atkins, may present a more cryptocurrency-friendly approach, raising expectations for further altcoin ETF approvals.
Additionally, there's significant speculation surrounding Trump's campaign promise to create a national Bitcoin reserve. If implemented, analysts predict potential price surges for Bitcoin, driven by heightened US demand and increased global acceptance.
Meanwhile, Memecoin WallStreet Pepe is gaining momentum, approaching its next pre-sale price increase. The token has attracted substantial investments and offers a high staking reward, drawing attention for its potential risk-reward balance. Investors remain intrigued by its strong community-driven approach.
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