Since Donald Trump’s return to the White House, the US has changed its policy towards cryptocurrencies. While under the previous administration, digital assets were subject to strict regulation and pressure from the SEC, now the situation is turning towards a friendlier approach. Trump’s key initiatives include the creation of a strategic crypto reserve, easing regulations, and supporting blockchain innovation. But how will this affect the market?
"Digital Fort Knox": US Strategic Crypto Reserve
One of the most high-profile steps was the creation of a strategic crypto reserve, which has been compared to a "Digital Fort Knox." The fund is based on bitcoins confiscated from criminals, the total value of which is estimated at about $17 billion. The state plans to use this reserve to support the national economy and potentially stabilize the bitcoin rate.
It remains unclear how this reserve will be used: whether it will become an instrument of state policy or simply remain as an asset in case of economic crises. However, the very fact that the US has begun to view cryptocurrency as a strategic asset indicates a new stage in the development of digital finance.
Liberalization of the crypto market: SEC gives way
Another important change was the easing of pressure from the Securities and Exchange Commission (SEC). Under the new administration, the regulator dropped lawsuits against major crypto platforms like Coinbase and Kraken, removing much of the uncertainty from the market.
In addition, banks are no longer required to obtain special licenses to work with cryptocurrencies, which significantly simplifies the integration of digital assets into the traditional financial system. This creates favorable conditions for the growth of the crypto industry in the United States and attracts institutional investors.
Trump's policies and the market reaction
Initially, the crypto market responded positively to Trump's initiatives, with Bitcoin and other leading cryptocurrencies showing growth. However, this effect soon weakened, as investors awaited concrete steps and mechanisms for implementing the new measures.
Experts note that a strategic crypto reserve could play a dual role: on the one hand, it strengthens confidence in Bitcoin as an asset, but on the other hand, its possible sale by the state in the future could lead to market volatility.
The Future of Cryptocurrency in the US: What's Next?
Trump intends to make the US the "crypto capital of the world", but much will depend on what his administration does next. The main questions that worry the market:
Will laws be passed to officially regulate the crypto industry?
How exactly will the strategic crypto reserve be used?
Will institutional investors get new incentives to work with digital assets?
Will other cryptocurrencies be included in the reserve?
It is obvious that this is a long process - coordination, adoption of laws, but still, at the moment, there are more loud statements than real actions.
While Trump is taking the first steps towards a pro-crypto policy, concrete actions are needed for sustainable market growth. Investors and traders are closely monitoring the developments, as the US remains a key player in the global digital asset market.
Share your thoughts in the comments!