#TrumpBitcoinEmpire Donald Trump was elected for a second term with a promise to turn the USA into a cryptocurrency superpower. Less than six months after his return to the White House, the Congress under his control took a historic step in this direction. From now on, cryptocurrencies in the USA are moving from the periphery to the mainstream of the financial system.

Congress passed cryptocurrency laws this week aimed at solidifying America's technological leadership in this crucial financial sector, strengthening the role of the dollar in the world, and alleviating the US debt crisis. On the other hand, the new laws create risks for financial stability, the banking system, and even for the very idea of cryptocurrency as an anonymous cross-border alternative to traditional money, experts warn.

The White House called the cryptocurrency legislation a "historic act that will allow the USA to lead the global revolution in digital currencies,.. strengthen national security and the status of the US dollar as a reserve currency".

On Friday, Trump gathered all the key players in the crypto market for a ceremonial signing, praised them for their perseverance, and thanked them for their donations to the electoral campaign.