Re-elected President of the United States Donald Trumpis preparing for a comprehensive move towards the cryptocurrency industry. According to Bloomberg, the Trump administration aims to create a cryptocurrency advisory council that will consist of approximately 24 CEOs and founders. The council to be formed will develop regulations and strategic Bitcoin $92,802.9 It is expected to provide guidance on critical issues such as the creation of reserves.
Cryptocurrency World Met at Mar-a-Lago
Following Trump’s re-election, many top cryptocurrency executives visited Mar-a-Lago. CEO of Crypto.com Kris Marszalekmet with Trump to discuss policies for the sector.
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$2.4 CEO Brad Garlinghouse and CEO of Coinbase Brian Armstrong He also held one-on-one meetings with Trump. Circle CEO Jeremy Allaireannounced that the company donated 1 million USDC worth $1 million to Trump’s inaugural committee. CEO of MicroStrategy Michael Saylor whereas Eric Trump He exchanged ideas with Bitcoin on its place in the US economy.
All these visits cryptocurrency It shows the industry’s desire to build a strong relationship with the Trump administration.
The “First Cryptocurrency Ball” is Coming
Trump in December, former congressional candidate Bo HinesAppointed as head of the Cryptocurrency Council. Hines will work in collaboration with new White House cryptocurrency advisor David Sacks. Trump stated that thanks to this team, the regulatory clarity that the industry needs will be provided.
The cryptocurrency industry is preparing for the ‘First Cryptocurrency Ball’, which will be held in Washington DC on January 17. The event, which will be held at the Andrew W. Mellon Auditorium, aims to provide support to the industry and demonstrate harmonious cooperation with the new administration. Such activities directly affect the Trump administration. cryptocurrency marketHe reveals his plan to establish a strong bond with.
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.
