
It is the last “Changing of Guard” for enthusiasts towards the US and the world.
Whether you have invested in crypto or just interested in it, mark your calendar as a new era for digital property is going to start on January 20, 2025.
Only then Donald Trump will be inaugurated and his second term will begin officially as an US President.
Despite the political beliefs of someone, the cryptocurrency market participants and viewers cannot ignore the widespread implications of change of governance in the world of Crypto.
New faces, new opportunities
What is its price, Gary Jensor, Chairman of the Securities and Exchange Commission (SEC), has approved some Cryptocurrency Exchange Traded Fund (ETF) and the business of options on those funds.
However, many commentators claim that Jensor pulled his legs and only reluctantly gave those approvals.
Be sure, there will be no reluctance towards the upcoming administration.
The cabinet of the newly elected President Trump will be full of new faces, including the name of Jensor ReplacementPaul Ekins, founder of petomac global partners.
Under Atkins, SEC is expected to emphasize simple inspection rules, better understanding of new technologies and regulatory framework supporting innovation.
The establishment of crypto-friendly faces on top government posts is one of the main reasons to be liked by the blockchain industry leaders. Baynens CEO Richard Teng is optimistic about the market approach and explains, “Crypto regulation from the new US government in 2025 is expected to develop more crypto participation throughout the market – especially from US -based trades – and others The Crypto law for countries will help worldwide. ”
Teng continued:
There is also a possibility of a strategic bitcoin reserve in the US, which may be a significant development and may also motivate many other countries to do so. In this scenario, one day can reach new heights in case of adoption bitcoin.
The runway with Atkins led by SEC will definitely be clear and smooth.
Tusrap Stressed on A social media posting states that Atkins “believes that digital property and other innovations are important to make America more great than ever.”
Trump’s new cabinet will include AI and Crypto Jar David Sachs, Executive Director of the Presidency Council of Digital Essets Bo Hines, Personnel Management Office Director Scott Kupore and Considette of Economic Advisors Stephen Miran.
Hines will lead “Crypto Council”, a government unit to be established at the opening of Trump.
Additionally, Trump has Used The Executive of Hedge Fund, Scott Basy will serve as the Secretary of the Treasury Department. There is no doubt about Besant’s blockchain supporter ideas called Cryptocurrency “integral part of economic freedom and innovation” and announced, “Crypto is about freedom, and the Crypto economy will remain here,”
At least, new avenues should be prepared to adopt decentralized assets in the next four years both institutional and retail.
As Riple’s Chief Legal Officer Stuart Elderoti said briefly, “The war on Crypto in the US led by SEC led by Gary Jensor is over, hoping that there will be a healthy regulatory relationship between industry and financial regulators. “
Will the US be “Crypto Rajdhani”?
Starting from January 20, the US will have a strong Cryptocurrency President as well as the Republican majority in the Congress.
With this, Trump can rapidly track many laws promoting financial technology innovation and adoption.
Also, the Crypto industry is not only expecting changes in rules.
After all, to fulfill Trump’s wish, more than regulatory changes will be required. Vision America’s “Crypto Rajdhani” of America.
Under Trump, America can not only become crypto-friendly, but can also become a crypto-forward.
Apparently the newly elected President has an HODL-Ar (“HODL” means the heart of his bitcoin for love life) as he once did Declared“For a long time our government has violated the major rule that every bitcoin user knows from the heart: Never sell his bitcoin.”
In that vein, Trump may have the opportunity to implement HODL-ING theory on the federal scale.
He promised, if elected, “It will be my administration, United States policy, that the US government will currently have 100% of the bitcoins who keep the bitcoin or receive it in the future.”
Suppose, Trump did not do so especially Pledge to install A strategic bitcoin reserve for the US yet, an official, national bitcoin “never sell” policy will attract any blockchain citizen.
The wait is almost over
Even before Trump’s second term, it is advisable to say that the trajectory of cryptocurrency has been rapid of lightning.
Nevertheless, after 20 January this trajectory path may be further acute.
It is not only about the so-called “trump trade” or new, crypto-supportive administration as well as various strategies of becoming rich as well as to become rich.
Rather, it is a new chapter in the constant story of decentralized digital assets, which many industry participants are expected to be the most exciting chapter ever.
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