According to Kris Marszalek, CRISPO.COM CEO, US President Donald Trump has placed cryptocurrency at the center of economic strategy and recorded the main policy movement of the US blockchain industry.
Trump hosted the White House cryptocurrency summit on March 7 to signal that the cryptocurrency policy would be a national priority and the United States would be a global hub for blockchain innovation.
The summit said in the XPost on March 8 that it is a truly historical day in the White House.
source: KRIS | crypto.com
Marszalek recognized Trump as the same reversal policy as the CHOKEPOINT 2.0 operation, which is estimated to have been rejected by banking and technical companies in accordance with the BIDEN administration.
The difficulty of finding a bank partner can actually be the past of the Crypto company after the US office of the US US US Office (OCC) alleviated the bank’s position on how the bank can be involved with encryption after swearing by Trump’s vow to end the extended crackdown on banking services.
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Crypto Summit is also provided while two major bills are waiting for parliamentary approval. The Stablecoin Bill and the Market Rescue Act helps increase regulatory uncertainty around the US cryptocurrency industry.
Marszalek said that conversations with major regulators, such as CFTC (Commodity Future Trading Commission) and Securities and Exchange Commission (Securities and Exchange Commission), can see the “groundbreaking law.” He added:
“The impact of these regulatory frameworks will be felt worldwide and will provide the foundation of maritime activities to move overseas activities and chains.”
The CEO’s opinion comes one day after Trump signed an administrative order on March 7.
Although direct BTC purchases were not announced, the legislation added that the US Treasury and Commercial Secretary did not impose an increase in the cost of the US taxpayer to purchase more Bitcoin for the “budget neutral strategy”.
Some analysts see the US Bitcoin preliminary plan as the first “actual stage” for Bitcoin to integrate into a global financial system.
Joe Burnett, the market research director of Unchained, said, “The United States has recognized its role as a basic asset of a more stable and healthy monetary system by stepping into the first true stage to integrate Bitcoin into a fabric of global finance.
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Trump has previously emphasized his intention to strengthen encryption innovation in the United States, but it takes time to issue a regulatory framework and set the “correct regulatory tone” will be decisive for the administration.
https://www.youtube.com/watch?v=6unogdvqwre
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