Donald Trump, President of the United States, is strengthening support for cryptocurrencies and preparing a new law**
**May 7, 2025**
Since his return to the White House in January 2025, Donald Trump has actively promoted the cryptocurrency industry, calling it a key element of economic growth in the US. This week, the Trump administration presented a plan for regulating digital assets, which aims to make America a global leader in the blockchain industry.
#### **New Cryptocurrency Law**
According to sources close to the White House, Trump is preparing an order that:
- **Will clearly define the status of cryptocurrencies**, categorizing them (payment tokens, stablecoins, securities).
- **Will ease regulations for mining**, so that the US surpasses China in this field.
- **Will introduce tax incentives** for cryptocurrency companies operating in the country.
"We will not let America fall behind in the technology race. Cryptocurrency is freedom, innovation, and new jobs," Trump said at a meeting with investors.
#### **Personal Interest: new NFT and $TRUMP Coin**
Despite his status as president, Trump continues to participate in the crypto market:
- In April, he **announced a new release of NFT** — this time with 'exclusive political memes.'
- The coin **$TRUMP**, associated with his name, has risen by **300%** since the beginning of the year.
Critics call it a conflict of interest, but Trump's supporters argue that he simply 'believes in what he promotes.'
#### **Market Reaction**
After the administration's statements:
- **Bitcoin** has risen to **$75,000**, setting a new historical high.
- Stocks of cryptocurrency companies (Coinbase, MicroStrategy) have shown sharp growth.
- China and the EU are discussing retaliatory measures to keep up with the US.
Analysts say that if the law is passed, it could lead to a **massive influx of institutional investments** into the crypto sector.
**What’s next?**
The bill is expected to be presented to Congress by the end of May. If passed, the US could become the most cryptocurrency-friendly jurisdiction in the world.
*Stay tuned for updates — we will keep you informed!*
*(This is a hypothetical scenario for May 2025, based on current trends and statements from Trump.
