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What Will the New Steps of the US Bring to the Crypto World?

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Written by: BITCOINHABER

28 minutes ago

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2 mins read



Contents

Crypto Currency Regulations and New Approaches

White House Summit and Market Expectations

You can read this news on BitcoinHaber: What Will the New Steps of the US Bring to the Crypto World?

Under the leadership of US President Donald Trump, significant changes have emerged ahead of the crypto currency summit to be held at the White House. The President's plan to grant Bitcoin a special status and create a strategic reserve aims to enhance the country's global competitiveness in the crypto market.

Crypto Currency Regulations and New Approaches

According to statements from Commerce Secretary Howard Lutnick, the Trump administration will move away from the strict approaches of the Biden era and adopt a more friendly stance towards the sector. Lutnick stated that the strategy expressed by the President during the campaign will now be implemented with concrete steps.

“The President supports the strategic Bitcoin reserve. He emphasized this approach during the campaign and is now putting it into action.”

Additionally, not only Bitcoin but also popular altcoins like XRP, Solana, and Cardano will have a significant place in the new strategy. Trump's statements made via Truth Social indicate that the regulations will include flexibility and encouraging measures for the sector.

White House Summit and Market Expectations

At the summit to be held on March 7, discussions on financial innovation and regulatory structure are ongoing with contributions from leading figures in the tech world, David Sacks and Bo Hines. The aim is to end the restrictive practices of the Biden era with Presidential Decree 14178, ensuring that investors prefer the US.

Market experts and industry representatives expect these strategies to position the US as a central hub in the crypto currency world.