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Author: Admin | 2025-04-28
The future, I want (it) to be mined, minted and made in the USA,” he said last year. “America should build the future, not block it.”The crypto-friendly appointments across Trump’s administration hint at a dramatic departure from the policies of the previous administration, during which the Securities and Exchange Commission pursued a sweeping crackdown on the industry. Although Trump has yet to detail the responsibilities of Sacks as crypto czar, the choice signals a likely bullish stance on both AI and cryptocurrency.Related: US Bitcoin reserve has pundits in tailspin as Trump inauguration loomsIndeed, Trump’s return to the White House has already cheered up many in the crypto space.“President Trump in the White House is really good for us,” Stacy Herbert, who leads El Salvador’s National Bitcoin Office, told Cointelegraph. The country is one of the few jurisdictions that already has its own regulations for the sector. “The US is a $30 trillion economy. So if that amount of capital flows into the space, then you definitely have to be prepared for the good times ahead.” Analysts are calling for caution in cryptoStill, experts warn that there is still much to be seen, urging for caution amid a buying frenzy in the space.On Jan. 17, the then-US president-elect made waves in the crypto world by launching his own memecoin, TRUMP, which saw record demand in no time and created a market cap worth billions out of thin air.“Let’s be very clear: this is more gambling than investing,” Nigel Green, CEO of
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