Trump's Second Term to Revolutionize Cryptocurrency Industry
Introduction
With Donald Trump's second term as US President underway, the cryptocurrency world anticipates significant changes. Trump's commitment to supporting the industry has sparked optimism and driven up the value of Bitcoin (BTC).
Personnel Reshuffles
Crypto advocates anticipate immediate changes in personnel. Trump's promise to dismiss Gary Gensler, a prominent opponent of the industry, and replace him with a chairman who supports innovation could pave the way for more favorable crypto regulations.
Executive Orders
Trump's crypto-focused executive order is expected to address key industry concerns. It may halt the development of a US central bank digital currency (CBDC), a move supported by Treasury nominee Scott Bessent.
Advisory Council
A presidential advisory council will be established to develop transparent regulations. Notable figures like David Sacks and Bo Hines will guide this process, aiming to provide clarity in 100 days.
Congressional Support
While Republicans control both the House and Senate, narrow majorities may slow down legislation. The establishment of a "strategic national bitcoin stockpile" remains a challenge, requiring Congressional approval.
Bitcoin Holdings
Trump can immediately order the US government to保留其通过刑事扣押和其他没收措施获得的约 200,000 枚比特币。
Conclusion
Trump's second term promises significant transformations for the cryptocurrency industry. Personnel changes, executive orders, and an advisory council are steps towards a more supportive regulatory environment. However, Congressional approval is crucial for broader policy shifts and the creation of a national bitcoin stockpile.