Bernstein: Trump’s issuance of TRUMP marks a paradigm shift in the global cryptocurrency field
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Golden Finance reported that on January 20, analysts from research and brokerage firm Bernstein released a report stating that TRUMP, the meme currency launched after Trump was elected as the US president, marked a paradigm shift in the field of cryptocurrency in the United States and the world. . Bernstein’s team of analysts said this marks the dawn of a new era of regulation, with the U.S. government viewing cryptocurrencies as a technology that directly reaches the masses.
Bernstein said the U.S. president-elect’s token offering is an important signal for U.S. cryptocurrency developers, especially amid the Biden administration’s crackdown on the industry. The report states: This shows that development can be carried out boldly in the United States without fear of issuing tokens - a new era of crypto regulation has arrived. The report adds that Meme coins, which leverage Trump’s brand and political influence, have the potential to be durable, but their success will depend on the token design.