Politics and Government Politics and Government
Fri, January 17, 2025
[ Fri, Jan 17th ] - MSN
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Trump Plans to Designate Cryptocurrency as a National Priority


Published on 2025-01-17 08:00:55 - MSN
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  • President-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration, according to people familiar with the plans.

The article from MSN discusses former President Donald Trump's plans to elevate cryptocurrency to a national priority if he were to return to office. Trump has expressed intentions to foster a more crypto-friendly environment in the U.S., aiming to reduce regulatory hurdles and encourage innovation in the blockchain and cryptocurrency sectors. This move is seen as an attempt to position the U.S. as a leader in the global cryptocurrency market, potentially reversing some of the stringent regulations and enforcement actions taken by agencies like the SEC under the current administration. Trump's strategy includes promoting the development of digital assets, possibly integrating them into the national financial system, and ensuring that the U.S. does not fall behind other nations like El Salvador, which has already adopted Bitcoin as legal tender. This policy shift could significantly impact the crypto industry, potentially leading to increased investment, innovation, and mainstream adoption of cryptocurrencies.

Read the Full MSN Article at:
[ https://www.msn.com/en-ph/politics/government/trump-plans-to-designate-cryptocurrency-as-a-national-priority/ar-AA1xkAmF ]