Close Menu
Cryprovideos
    What's Hot

    1,250,000,000 Cardano in 24 Hours, Open Curiosity Flips Bullish; XRP Lands Its First $10 Million Company Acquisition; USDT Hits Loopy 80% Stablecoin Market Milestone: Crypto Information Digest by U.At this time

    May 30, 2025

    US Authorities Sanction Philippines-Primarily based Agency for Allegedly Offering Pc Infrastructure for Crypto Pig Butchering Scams – The Day by day Hodl

    May 30, 2025

    Trump Media goals for high Bitcoin holder standing after closing $2.44 billion funding

    May 30, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Trump Plans To Strengthen Crypto Coverage With Devoted Advisor And Presidential Council | Bitcoinist.com
    Trump Plans To Strengthen Crypto Coverage With Devoted Advisor And Presidential Council | Bitcoinist.com
    Crypto News

    Trump Plans To Strengthen Crypto Coverage With Devoted Advisor And Presidential Council | Bitcoinist.com

    By Ronaldo MarquezNovember 13, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    President-elect Donald Trump is poised to reshape the US authorities’s method to crypto, actively in search of candidates with industry-friendly views for key regulatory positions. 

    In accordance to the Washington Put up, as a part of his technique to determine the US because the “crypto capital of the world,” Trump’s transition crew is consulting with cryptocurrency executives to discover potential modifications to federal coverage.

    SEC Overhaul On The Horizon

    Trump’s dedication to a extra permissive regulatory setting is in keeping with his marketing campaign guarantees, which have garnered vital help from the {industry}, as evidenced by the present uptrend in costs following his victory over Vice President Kamala Harris final Tuesday. 

    Early discussions amongst Trump’s advisers have reportedly centered on monetary regulatory businesses, notably the Securities and Change Fee (SEC), the place management decisions will considerably affect the way forward for digital asset regulation.

    The candidates into account embody a mixture of present regulators, former officers, and monetary {industry} executives recognized for his or her pro-crypto stance. 

    Notable names embody Daniel Gallagher, a former SEC official now at US-based cryptocurrency trade Robinhood, and pro-crypto commissioners Hester Peirce and Mark Uyeda. 

    These people have publicly criticized the earlier insurance policies of the SEC and its chairman Gary Gensler beneath President Joe Biden, significantly the company’s heavy-handed enforcement in opposition to digital asset corporations, with ongoing investigations and lawsuits in opposition to key gamers prior to now years.

    Trump’s Crypto Advisory Crew

    Business executives, together with Ripple CEO Brad Garlinghouse, have famous that they anticipate the brand new Trump administration to concentrate on regulatory readability, missing amid a fragmented authorized framework governing cryptocurrencies. 

    The digital belongings sector has lengthy known as for complete laws to outline the standing of currencies corresponding to XRP, Litecoin and Solana, to determine investor protections and to supply new funding merchandise such because the spot exchange-traded funds (ETFs) investing in Bitcoin and Ethereum that had been authorised earlier this 12 months.

    Trump’s help has additionally attracted high-profile {industry} figures, together with Elon Musk and Howard Lutnick, who’re concerned in shaping the administration’s crypto insurance policies. 

    Nevertheless, Lutnick, CEO and chairman of asset supervisor Cantor Fitzgerald, has raised issues about potential conflicts of curiosity given his ties to stablecoin issuer Tether and different crypto-related corporations.

    As Trump strikes ahead along with his transition, the Put up reviews that his crew is exploring the institution of a presidential council on digital currencies and contemplating the appointment of a devoted crypto advisor inside the Nationwide Financial Council. 

    Regardless of the optimistic outlook amongst supporters, some Democrats have expressed issues in regards to the potential implications of Trump’s pro-crypto insurance policies. 

    Critics argue that the regulatory modifications sought by the {industry} may undermine client protections and “expose traders to larger dangers of fraud and market manipulation.”

    Whereas the now forty seventh president goals to implement a complete agenda, together with the opportunity of making a nationwide Bitcoin reserve, the effectiveness of those plans will depend upon regulatory authority. 

    Nevertheless, with the Republican Social gathering successful a majority in Congress, the trail to those markers could also be simpler for Trump and the broader {industry}. 

    Crypto
    The 1D chart exhibits the overall crypto market cap valuation at $2.83 trillion. Supply: TOTAL on TradingView.com

    Featured picture from AP,, chart from TradingView.com



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    1,250,000,000 Cardano in 24 Hours, Open Curiosity Flips Bullish; XRP Lands Its First $10 Million Company Acquisition; USDT Hits Loopy 80% Stablecoin Market Milestone: Crypto Information Digest by U.At this time

    May 30, 2025

    US Authorities Sanction Philippines-Primarily based Agency for Allegedly Offering Pc Infrastructure for Crypto Pig Butchering Scams – The Day by day Hodl

    May 30, 2025

    Digital Asset Treasury Firms: A New Period for Crypto Publicity

    May 30, 2025

    Is Crypto Over? + OSF talks Model Cash! – Decrypt

    May 30, 2025
    Latest Posts

    Trump Media goals for high Bitcoin holder standing after closing $2.44 billion funding

    May 30, 2025

    Bitcoin Builders Exist As a result of Of Customers

    May 30, 2025

    Contemporary Capital Retains Pouring Into Bitcoin – Matching 2021 Bull Market Inflows | Bitcoinist.com

    May 30, 2025

    Panama Metropolis Mayor: Pay Bitcoin, Skip Canal Line – Bitbo

    May 30, 2025

    Bitcoin ETFs See $9 Billion Inflows Amid Escalating Shift Away From Gold

    May 30, 2025

    $4 Billion Misplaced: Satoshi's Bitcoin Holdings Hit by Worth Stoop

    May 30, 2025

    Bitcoin at Danger of Breakdown if Main Assist Stage Fails, Says Dealer Justin Bennett – Right here Are His Targets – The Each day Hodl

    May 30, 2025

    Cointelegraph Bitcoin & Ethereum Blockchain Information

    May 30, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Ripple-SEC dispute decision sparks hope for a BlackRock XRP ETF software

    March 26, 2025

    Cardano Worth Prediction: As ADA Founder Charles Hoskinson Weighs In On Elon Musk's DOGE Probe Of SEC, Merchants Flock To This ICO For Scorching Crypto Ideas

    February 19, 2025

    Greatest Crypto to Watch Now: 6 Recreation-Changers Catching Fireplace in 2025

    April 22, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.