Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat will be the level of Elon Musk's influence on US cryptocurrency policy by December 31, 2025?
Major influence • 25%
Moderate influence • 25%
Minor influence • 25%
No influence • 25%
Analysis and reports from credible financial and political analysts
Elon Musk's Close Ties with Trump Spark Speculation on Crypto Policy Influence
Nov 29, 2024, 05:48 PM
Elon Musk, the world's richest man, has been spending considerable time at Mar-a-Lago with Donald Trump, who is soon to be the world's most powerful man, following Trump's victory in the 2024 US Presidential Election. Musk's involvement in the presidential transition has been noted by various sources, with CNN expressing concern over Musk's close relationship with the Trump family. Musk's presence at Mar-a-Lago, including during Thanksgiving, has been described as him taking on roles akin to a 'favorite son, first lady, and shadow president.' This relationship has sparked discussions and reactions across social media and news outlets, with some suggesting it could influence policy decisions, particularly in the realm of cryptocurrency, as crypto executives urge Trump to establish a National Bitcoin Reserve.
View original story
Significant Influence • 25%
Moderate Influence • 25%
Minimal Influence • 25%
No Influence • 25%
Significant Influence • 25%
Moderate Influence • 25%
No Influence • 25%
Influence Unknown • 25%
Launches a new cryptocurrency • 25%
Partners with an existing cryptocurrency • 25%
Invests in cryptocurrency projects • 25%
No involvement • 25%
Yes • 50%
No • 50%
Launches new project • 25%
Partners with existing project • 25%
Acquires a cryptocurrency company • 25%
No new involvement • 25%
Yes • 50%
No • 50%
Positive influence • 25%
Negative influence • 25%
Neutral influence • 25%
No significant influence • 25%
Introduction of new regulations • 25%
Repeal of existing regulations • 25%
No significant changes • 25%
Other • 25%
Tax incentives for crypto investments • 25%
Relaxation of crypto trading regulations • 25%
Introduction of a national digital currency • 25%
Other • 25%
Increased influence • 25%
Decreased influence • 25%
No change • 25%
Other outcomes • 25%
Tax incentives for crypto • 25%
Regulatory easing • 25%
New crypto regulations • 25%
No major change • 25%
High priority • 25%
Medium priority • 25%
Low priority • 25%
No priority • 25%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
Encouraging Bitcoin adoption • 25%
Other focus • 25%
Developing a national digital currency • 25%
Regulating cryptocurrencies • 25%