News center > News > Headlines > Context
Trump’s inauguration raises new expectations: Can the top ten cryptocurrency new policies be fulfilled?
Editor
2025-01-09 19:02 6,580

Trump’s inauguration raises new expectations: Can the top ten cryptocurrency new policies be fulfilled?

In order to welcome the upcoming inauguration ceremony of Trump as President of the United States on January 20, MetaEra has launched a special topic "Trump Inauguration Ceremony", which will cover the entire process of the 47th President of the United States. Special coverage of the inauguration ceremony.

Trump’s grand inauguration in Washington, D.C., marked a new era Starting, not only for American citizens, but also for international investors and people in the technology community who are closely watching changes in the United States. The ceremony was more than just a celebration, it was a signal of a series of reforms to come, especially for the emerging cryptocurrency industry. With President Trump officially taking office on January 20, 2025, global attention is focused on how this unconventional figure will fulfill the top ten cryptocurrency new policies he promised during his campaign.

The top ten cryptocurrency new policies mainly include:

Making the United States the global cryptocurrency capital

Trump promised that if re-elected, he would work to develop the United States into a global center for cryptocurrency and support the development of emerging industries such as cryptocurrency and artificial intelligence

Stop suppressing the encryption industry within one hour of taking office

Promised to end the current "illegal suppression" of the cryptocurrency industry and protect the rights to mine and trade Bitcoin.

Prevent the United States from further developing CBDC

Trump opposes the further development of a central bank digital currency by the United States (CBDC), arguing that this would restrict individual freedoms.

Establishing a strategic Bitcoin reserve

Trump plans to establish a first-level Bitcoin reserve , making Bitcoin one of the strategic assets of the United States.

Fire SEC Chairman Gary Gensler

He said that if elected, he would immediately Fire the current chairman of the U.S. Securities and Exchange Commission (SEC) to deregulate the crypto industry.

Prevent the United States from selling its Bitcoin holdings

He promised not to sell the Bitcoin held by the United States and ensure that these assets continue to serve .

Suggests using cryptocurrency to solve U.S. debt problem

Trump suggests using cryptocurrency to address the U.S. debt crisis as an innovative solution

Proposing comprehensive encryption

He plans to develop a comprehensive cryptocurrency that covers aspects such as stablecoin regulation and user self-custody rights.

Establishing Cryptocurrency Advisory Committee

Trump plans to establish a dedicated advisory committee to develop transparent Regulatory guidelines to support the development of the encryption industry

Reducing the sentence of "Silk Road" founder Ross Ulbricht

He promised that if elected, he would consider mitigating the sentence of "Silk Road" founder Ross Ulbricht "The incident resulted in Ulbricht's sentence being sentenced.

The difficulty and impact of the implementation of the top ten new policies

Among the 10 new policies on cryptocurrency, the most difficult one to implement is "making the United States a global leader in cryptocurrency." "Both" and "Stop suppressing the encryption industry within one hour of taking office." "Make the United States the global cryptocurrency capital" is not a loud slogan for Trump. The potential conflict lies in the need to challenge traditional financial institutions and the global economy and create a cryptocurrency-friendly environment that attracts businesses and talents. A certain amount of time and space involves many aspects such as tax incentives and simplified regulatory processes. This is a heavy task for Trump.

"Stop suppressing the encryption industry within one hour of taking office" sounds more like a cool article shouting for more votes, and it is oriented to encryption Words of praise from the industry. If we don’t worry about the time dimension of one hour after taking office, Trump has made further moves in the direction of appointing a new SEC chairman, clarifying regulatory powers and responsibilities, and relaxing administrative supervision, and they can indeed be implemented quickly.

The most difficult administrative task is to reduce the burden on Ross, the founder of "Silk Road"Ulbricht’s sentence can be easily achieved by Trump with the help of presidential pardons and promises, but it can greatly reflect the importance of liberal values ​​in the cryptocurrency market community and will also make more people People pay attention to cryptocurrencies and the crypto industry.

In addition, the "firing of the SEC Chairman" means a change in the SEC's leadership, which may bring about a regulatory atmosphere more conducive to innovation. If the proposal to "establish a strategic Bitcoin reserve" comes true, it will be an unprecedented move that shows a willingness to directly participate in the digital asset market.

New expectations for Trump’s inauguration

Although the specific details have yet to be announced, what is certain is that Trump’s official inauguration will definitely be possible in the short term. This has led to an increase in the price of Bitcoin and other mainstream cryptocurrencies, but the long-term trend still depends on factors such as actual implementation and market confidence.

In the next four years, we will witness profound changes in the cryptocurrency ecosystem in the United States and around the world. This is an exciting and challenging time for all those involved in the industry.

Keywords: Bitcoin
Share to: