Trump Plans To Strengthen Crypto Policy With Dedicated Advisor And Presidential Council

Quick Summary:

President-elect Donald Trump is poised to reshape the US government’s approach to crypto, actively seeking candidates with industry-friendly views for key regulatory positions.

Critics argue that the regulatory changes sought by the industry could undermine consumer protections and “expose investors to greater risks of fraud and market manipulation.

While the now 47th president aims to implement a comprehensive agenda, including the possibility of creating a national Bitcoin reserve, the effectiveness of these plans will depend on regulatory authority.

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: HungaryUnited States

Topics: Crypto Donald Trump Bitcoin Donald Trump DeFi Digital currency Btcusd Donald Trump crypto Crypto regulation Crypto News Bitcoin Donald Trump Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 05:00:04 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23565840

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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