Donald Trump has won the US Presidential election and plans to implement friendly cryptocurrency policies. This includes halting anti-crypto actions from federal regulators and crafting comprehensive industry laws.
Trump aims to support Bitcoin, proposing to create a Bitcoin reserve and opposing a digital dollar CBDC. He promises broader industry-friendly laws and plans to fire SEC Chair Gary Gensler.
Trump's team is preparing executive actions and a strategy for new regulations, including leveraging crypto for national debt solutions. Overall, his plan could dramatically alter the industry's government relations.
Jean-Marie Mognetti highlights the GOP's dedication to crypto regulation, enhancing Bitcoin's role and accelerating US crypto adoption. Trump's administration could position the US as a global leader in the crypto space if his promises are fulfilled.
