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Analysis: Trump strengthens Bitcoin status, Altcoins faces regulatory uncertainty
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12 hours ago 1,008
According to Golden Finance, trader Eugene Ng Ah Sio recommends an analysis article about the White House Crypto Summit on social platforms and calls it an "excellent analysis". The article focuses on analyzing the latest crypto policy of the Trump administration. The latest crypto policy of the US government strengthens the dominance of Bitcoin and proposes the concept of "digital Fort Knox" and plans to convert confiscated crypto assets into BTC, further consolidating its "digital gold" attributes. According to analysis, the policy mainly ensures that the crypto industry is no longer suppressed, including stopping bank bans and providing certain regulatory clarity, but has not given priority to the development of the crypto industry, nor has it involved payments, DeFi and other fields. Meanwhile, Altcoins (such as XRP, ADA, SOL) have not received clear support, and future regulatory uncertainties remain. In addition, members of the Trump family have repeatedly expressed their support for Altcoins and hinted that it may promote the "cryptocurrency tax-free" policy, but Trump adviser David Sacks denied the claim and emphasized that crypto policies will not preferential treatment for specific tokens. The market expects that if some differences within Trump’s team increase, there is still a possibility of policy adjustments in the future.
Keywords: Bitcoin
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