The post Donald Trump’s Plan for US Crypto Regulation and a Bitcoin Reserve appeared first on Coinpedia Fintech News
Donald Trump is doubling down on crypto, and this time, he’s not just making campaign promises—he’s laying out a plan. Speaking at the Future Investment Initiative Institute conference in Miami, the president said he wants to position the US as the global leader in crypto, and according to him, Bitcoin’s record-breaking prices are proof that the market trusts his stance. But it’s not just about words. In a recent video analysis, Altcoin Daily analyses Trump’s two major moves: clearing out restrictive regulations and potentially stockpiling Bitcoin as a national asset. Meanwhile, Bitcoin got a boost after the president mentioned it at a conference. The price jumped from $96,000 to $98,450 as investors reacted to the news. This shows how big announcements can quickly affect Bitcoin’s value.
Michael Saylor Advocates for a US Bitcoin Reserve
Strategy’s michael saylor
michael saylor
Michael J. Saylor is an enthusiastic blockchain influencer and a splendid leader. He is an entrepreneur and business executive who co-founded Microstrategy, he is chairman and CEO of the same Microstrategy. He is a vocal advocate of Bitcoin. He is highly skilled in enterprise software and also has a rich knowledge of numerous fields, including analytics, data warehouses, leadership, SaaS, management, cloud computing, startups, professional services, enterprise architecture, mobile devices, and many more.
Location: United States
Education :
He graduated from MIT in 1987 with a double major in aeronautics, science, technology, and society.
Experience:
He has been an Executive Chairman & Founder at MicroStrategy from Aug 2022 – Present
He was also Chairman, CEO & Founder of MicroStrategy from Oct 1989 to Aug 2022
Skills: Buisness Intelligence and Data warehousing
Net Worth: Saylor’s net worth is about $4.6 billion, according to Forbes. He also held 2.4 million shares of MicroStrategy
Events Attended: Bitcoin 2024 Nashville and BTC prague
msaylor@microstrategy.com
EntrepreneurCrypto and Blockchain ExpertAuthor
has been vocal about the US government securing Bitcoin as a strategic asset. He suggests that the country should acquire at least 20% of Bitcoin’s total supply to maintain its financial dominance. His argument highlights how digital assets are becoming crucial in shaping global economies, with Bitcoin’s limited supply making it a valuable long-term investment.
Trump’s comments on Bitcoin appear to support this idea, as he continues to express his belief that cryptocurrency should be an integral part of the financial system. His views reflect a possible change in how the US government sees Bitcoin, taking a 360-degree turn from overreach to active participation.
Regulatory Changes and Policy Shifts
Moving on, the Blockchain Association’s Kristin Smith has rated the current regulatory outlook for crypto as highly positive. Congress is now focused on reversing previous restrictions, including the repeal of SAB 121, which placed limits on institutional crypto adoption. Policymakers are also working on frameworks for stablecoins and clearer market structures, aiming to create a stable and innovation-friendly environment for crypto businesses.
This will open the market for new investors in the US who were previously afraid to enter the crypto space due to SEC’s regulations increasing adoption and bringing fresh capital to the system.
Also Read : Sam Bankman-Fried Seeks Donald Trump’s Pardon in the FTX Saga ,
Growing Institutional Interest in Ethereum and XRP ETFs
However, Bitcoin is not the only prime focus. Investors are also driving Ethereum ETFs to the next level. According to Matt Hougan from Bitwise, this trend reflects a bigger acceptance of Ethereum as a key player in the crypto market.
Plus, discussions around potential ETFs for XRP and Solana have started gaining momentum. The SEC’s changing stance suggests that more crypto assets could soon be available in regulated investment products, making them accessible to a wider range of investors.
All these factors are building a bullish scenario for not only Bitcoin but for the entire crypto market. We have to wait and watch how Trump will fulfill his promises; as of now, it’s all words after all.
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