The Wolf Of All Streets Trump To Make Crypto A National Priority? | Crypto Town Hall
Jan 17, 2025
The discussion delves into how Trump's administration could reshape cryptocurrency policies, potentially benefiting the market. Political shifts are linked to new regulatory dynamics, including tax implications and Bitcoin’s role in payments. Optimism emerges regarding transparency in finance and crypto's growing acceptance. The evolving landscape for crypto investments and the focus on Real World Assets is examined, highlighting innovative community-driven strategies. Overall, the outlook emphasizes community engagement over mere profits in the future of crypto.
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Trump's Crypto Priority
- Trump plans to declare crypto a national priority via executive order, potentially boosting the industry.
- This contrasts with Biden's order, which primarily sought reports from agencies on crypto intentions.
Potential Pro-Crypto Policies
- A pro-crypto stance from the Trump administration might involve ending hostile regulations and enforcement.
- It could also include studying capital gains tax elimination and accepting tax payments in crypto.
Bitfinex and US Bitcoin Reserve
- The US government might return nearly 100,000 Bitcoins to Bitfinex.
- This raises questions about the future of a US Bitcoin strategic reserve.