Business and Finance
Business and Finance
Fri, January 31, 2025
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Thu, January 30, 2025
[ Yesterday Evening
] - Forbes
In Crypto We Trust: What The Trump Administration Means For Crypto
- Last week's Executive Order on digital financial technology cut a decisive path and set the course for U.S. crypto policy to be put into law. For many, it offers trust.
The article by Lawrence Wintermeyer for Forbes, published on January 30, 2025, discusses the potential implications of the Trump administration's policies on the cryptocurrency industry. It highlights how Trump's previous term showed a mixed stance on cryptocurrencies, with some support for blockchain technology but also skepticism towards Bitcoin. The piece speculates on how Trump's return could influence crypto regulation, suggesting that his administration might favor a more laissez-faire approach, potentially leading to less stringent regulations which could benefit the crypto market. However, it also notes concerns about security, fraud, and the need for investor protection, which might push for some regulatory frameworks. The article also touches on Trump's past comments on digital currencies, his potential to leverage crypto for political fundraising, and the broader geopolitical implications of U.S. crypto policy in the context of global competition, particularly with China.
Read the Full Forbes Article at:
[ https://www.forbes.com/sites/lawrencewintermeyer/2025/01/30/in-crypto-we-trust-what-the-trump-administration-means-for-crypto/ ]
Read the Full Forbes Article at:
[ https://www.forbes.com/sites/lawrencewintermeyer/2025/01/30/in-crypto-we-trust-what-the-trump-administration-means-for-crypto/ ]
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