Donald Trump and Congress: What Impact on Cryptocurrency?
Donald Trump's intervention before Congress is generating particular interest, especially in the field of cryptocurrencies. Known for his blunt statements, #Trump
he has recently changed his tone on digital assets, shifting from a skeptical position to a more open, even favorable approach.
Trump and Cryptocurrency Regulation
Under his previous administration, cryptocurrencies were seen as an uncontrolled speculative tool, even a threat to the dollar. However, with the rise of Bitcoin, the increasing interest from Wall Street, and pressure from investors, Trump now seems ready to adopt a more pro-crypto policy.
During his speech before Congress, several analysts expected hints of a potential softer regulation that would favor innovation in the United States. If Trump reaffirms his support for American businesses and economic freedom, this could mean a more favorable framework for crypto companies and investors.
Bitcoin and the Presidential Election
With the presidential campaign in sight, Trump's position on cryptocurrencies becomes a major issue. His potential rival, Joe Biden, has rather supported strict regulation, which could give Trump an electoral advantage among crypto supporters and Web3 businesses.
Rumors are circulating about a possible acceptance of Bitcoin donations for his campaign, an initiative that would mark a historic turning point in American politics. If Trump and the Republicans adopt a favorable approach to cryptocurrency, it could attract more investors to the United States and strengthen the country's position in the blockchain industry.
What Consequences for the Crypto Market?