Trump's cryptopolitical bulletins encourage the optimism of the business

Announcements of the Trump administration in its first official week create new opportunities for the crypto industry.

After the reigning chairman of the stock market supervisory authority, Mark Uyeda, launched a crypto-task force on Tuesday, President Donald Trump signed a implementation regulation to promote the further development of cryptocurrencies in the USA. Now industry experts are considering what this could mean for the future of a national crypto.

“We would expect any kind of legislation to drive the strategy forward Bitcoin Reserve, ”Calamos ETF boss Matt Kaufman told CNBC this week to“ ETF Edge ”.

The implementing regulation signed on Thursday, signed by the President, called for the establishment of a working group for digital assets, the tasks of which it includes to propose criteria for a crypto reserve.

According to the arrangement, the working group will also design a new regulatory framework for the operation of crypto in the USA. Mike Venuto, Chief Investment Officer of the Tidal Financial Group, assumes that political changes will ultimately have a positive effect on the industry.

“The regulation was carried out by enforcement. That is a chaos, ”said Venuto in the same interview. “We need a kind of government -efficient group that can regulate this and make it meaningful.”

The Bitcoin price reached a new record on Monday in the middle of the industry euphoria and for the first time exceeded $ 109,350. On Friday afternoon, the token was traded at around $ 105,000.

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