U.S. House of Representatives Hill today CNBC In his interview with , he made statements regarding cryptocurrencies. After the Republicans’ decisive victory in the election, the era of cryptocurrencies has truly begun. Donald Trump’s extreme pro-crypto stance further increases investors’ excitement.
US Cryptocurrency Retracements
French Hill, who has served as a Member of the US House of Representatives since 2015, is crypto coins He made important statements including: Hill, the new Chairman of the Financial Services Committee of the House of Representatives, is an extremely important name when it comes to regulations.
His statements today were that banking regulations would be eased. He promised to improve capital formation so that more companies could go public. At the same time, he said that the focus would be on the market structure of cryptocurrencies, giving hope to investors waiting for regulatory clarity on cryptocurrencies.
But trumpEven though he is from the party of , Hill said that he was undecided about “creating a BTC reserve”. While most politicians would call this idea “crazy” (this might even be an understatement, considering the statements of politicians from both parties in the past years), Hill says he is undecided on this issue, revealing how Trump has changed the perception on crypto.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
