Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat will be Trump's first major crypto legislative action by end of 2025?
Tax incentives for crypto • 25%
Regulatory framework • 25%
Federal crypto reserve • 25%
Other • 25%
Congressional records and official government announcements
Trump Promises Crypto Leadership at NYSE, Hints at Strategic Bitcoin Reserve
Dec 12, 2024, 03:00 PM
President-elect Donald Trump has announced plans to significantly advance the cryptocurrency sector in the United States, aiming to establish the country as a global leader in digital assets. Speaking at the New York Stock Exchange, Trump emphasized the need for the U.S. to be ahead in the crypto space, hinting at the creation of a strategic Bitcoin reserve. This move is part of a broader strategy to embrace cryptocurrencies, AI, and increase electricity production, potentially positioning the U.S. to outpace China and other nations in these technologies. Trump's comments signal a stark contrast to the current administration's approach to cryptocurrencies, promising a more supportive regulatory environment. He was interviewed by Jim Cramer, and his comments come as Bitcoin recently crossed the $100,000 milestone. Trump has also endorsed World Liberty Financial, a crypto project, and appointed David Sacks as the White House AI and cryptocurrency czar.
View original story
Relaxation of crypto trading regulations • 25%
Introduction of a national digital currency • 25%
Other • 25%
Tax incentives for crypto investments • 25%
No significant changes • 25%
New crypto-specific regulations • 25%
Regulatory relaxation • 25%
Tax incentives for crypto • 25%
Crypto banking access • 25%
National bitcoin reserve • 25%
Establishment of crypto council • 25%
Other • 25%
Other • 25%
Adoption • 25%
Taxation • 25%
Regulation • 25%
Regulation • 25%
Taxation • 25%
Other • 25%
Adoption • 25%
Moderate positive impact • 25%
Significant positive impact • 25%
No significant impact • 25%
Negative impact • 25%
No • 50%
Yes • 50%
No significant action • 25%
National bitcoin reserve established • 25%
Crypto council operational • 25%
Improved crypto banking access • 25%
Other • 25%
Establishing a Bitcoin reserve • 25%
Regulatory reform • 25%
Promoting crypto startups • 25%
Other • 25%
Cryptocurrency mining • 25%
AI development • 25%
Manufacturing • 25%