#USDC $USDC Today was like that... I managed to watch part of the White House summit, and I can say that it was a VERY predictable event. The first 50 minutes were basically a festival of thanks to Trump, it almost seemed like they were giving him an Oscar. I confess, I was confused!
Then, they finally got to the topic of regulation. The big news? That they're going to regulate! But calm down, don't get excited... because that's all it was. No deadlines, no concrete details. They just said that the previous government made everything difficult, and that now things will move forward.
✅ IMPORTANT POINT: They also talked about the idea of keeping a strategic stock of the other currencies mentioned. Trump mentioned that he has already passed this mission on to his team and that he will make an inventory of the government's cryptos. ‼️
$SOL and $XRP were represented at the event and received a pat on the back from the government (OOPS, that's when my eyes lit up). In addition, they highlighted how blockchain and Web3 infrastructure are the natural evolution of the financial system, and that the US must continue to lead this revolution.
Trump also made a point of reinforcing that the US is well ahead of China, both in AI and crypto, and that this advantage needs to be maintained. He highlighted that the people in the room were working on this long before the market understood the importance of these technologies and that now is the time to move forward.
Overall, I thought it was positive. But the lack of deadlines leaves room for speculation and market manipulation.
In short: an event with good intentions, but with vague promises. We'll keep following!
Source: Thaitraderoficial
