The US dollar vs crypto: Is Trump undermining the greenback?
Money printing and poor fiscal policy have reduced the dollar’s value since 1913, prompting countries to explore alternative assets.
Money printing and poor fiscal policy have reduced the dollar’s value since 1913, prompting countries to explore alternative assets.
The European ESMA regulator has urged crypto asset service providers to take measures regarding non-MiCA-compliant stablecoins by Jan. 31.
A crypto-friendly US government marks “a turning point” in regulating cryptocurrencies and could form the base for new highs for Bitcoin and other digital assets.
The expanding ranks of pro-Bitcoin presidents are boosting global optimism for crypto mass adoption.
Members of the US Commodity Futures Trading Commission also announced on Jan. 20 that Caroline Pham would serve as acting chair, filling two crucial regulatory roles.
President Trump’s key priorities for his second term include improving public safety, pursuing energy independence, promoting “American values” and cutting back on government excess.
Representative Maxine Waters did not mince words discussing Trump’s official memecoin, calling it a rug-pull scheme that left investors unable to seek legal action.
The CFTC commissioner has previously called for regulating digital assets in her role with the financial regulator, which could change under Donald Trump.
President Donald Trump has promised to “never allow” a CBDC in the United States, but stablecoin adoption is well on its way.
Only time will tell if Donald Trump’s memecoin was a good move in his plan to push crypto during his upcoming US presidential term.