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The Republican presidential candidate, now the elected president of the United States, promised in July to transform the U.S. into the «world capital of cryptocurrencies.»
Donald Trump’s election has already impacted the market, with Bitcoin’s price surpassing $90,000 following his victory.
During his campaign, Trump proposed several pro-cryptocurrency initiatives.
He suggested creating a national strategic cryptocurrency reserve to strengthen the U.S. economy. He also proposed reducing federal regulations to foster innovation in the cryptocurrency sector and expressed his intention to remove SEC Chairman Gary Gensler, who has faced criticism for his strict approach to cryptocurrencies. Without clear regulations, this former banker has taken a repressive stance toward…