Trump’s “Golden Age” can be for cryptocurrencies

27. At the Bitcoin 2024 conference, he promised to make the United States a “crypto -heading city of the planet” and immediately release SEC Chairman Gary Gensler.

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This appearance, along with other pro-crito moves, gathered a voting block that was greater than some attributed to it. The Kamala Harris campaign later tried to meet them with a weakened message and little success. Trump was without a shadow of doubt “candidate for cryptocurrency”.

So, when he failed to mention blockchain or crypto in Monday inauguration, there was some understandable concern. I, too, were looking forward to further details of his plans for Blockchain technology. But I’m still returning to something else that he said last year’s crowd in Nashville:

”We will have regulations, but from now on the rules will be written by people who love your industry, not your field hates.”

No matter what he said (or did not say) during the inauguration, this promise is already true. His appointment, nominations and actions suggest that the regulation of common sense is on the way. His “golden age” for America may include – no, to be driven – by blockchain technology.

People who love our industry

Not everyone who deals with cryptocurrencies will be given the opportunity to negotiate with politicians. I was lucky that I could have been in the room for some of these interviews over the years, and I will tell you that the previous administration was impossible.

It was basically stoning at every step, painting and innovative solutions with the same brush as fraud. The leaders of the field were extremely frustrated and either moved their operations elsewhere, or at least stopped raising their hands to ask something. This simply should not have happened, although some party members internally promoted change.

So the industry was waiting. She waited and watched Trump’s support between the cryptocommunity constantly growing, although just because he had promised not to stand in his way. When he won the re -election, they cheered (in some cases quiet), because it meant that they could again persecute their ambitions. They could build things they dreamed of.

In the coming months, the emerging administration strengthened this faith and support. Just a few weeks after the election, Trump nominated Howard Lutnice, a massive supporter of the Stablecoins and the head of the brokerage company Cantor Fitzgerald, to the Minister of Trade.

Paul Atkins, the advocate of the cryptocurrency and CEO of the Pathomak Partners, was selected as Genler’s SEC replacement. At the beginning of December was David Sacks, who joined the White House as Trump’s ‘AI and Kryptocar’. For the former PayPal Executive Director, for decades, he publicly promotes the “new world currency” to the whole heart in Web3 technology.

These are people who love our industry. They are people who will not stand in the way of innovation or create rules that pigeonhole us.

All that glitters is not gold

This innovation – not only investments – will determine whether Trump’s golden age of America will be filled.

The solutions we now have are limited and still need improvements if they are to be widespread. For example, take stablecoins. Although theoretically perfect response to cross -border transactions, cash register management and trade financing, institutions are still hesitant to integrate.

The problem is their own anonymity and what it means for regulatory authorities. The chains on which they exist were purposefully designed to go against the centralized bank, and any contracts you build on are only patches.

There must be an identification layer at the protocol level, such as the one that is located on Concordium to ensure the responsibility and compliance necessary to meet the regulatory requirements and user trust.

As a result, the stablecins covered by USD based on a transparent and reliable chain would further strengthen the dominance of the US dollar and remove any CBDC need. Trump’s pro-creptocandidate to Finance Minister Scott Bessnt said this at his recent confirmation hearing in the Senate. Bessent explained that CBDC, in his opinion, was reserved for developing countries, and rejected any idea that the US would introduce them.

Access from 2025

Like many of his colleagues in Trump’s administration, Beitsent focuses on innovative policy for innovative technologies. When he asked him about the darker cryptocurrency history, he simply explained that the US need “access to 2025”.

Hear, hear, says the crypto industry. We have been imprisoned for too long in the 20th century politician loop. The change comes, one way or another, and it seems that the US is ready to take over the lead. If they avoid their own way, Trump’s “golden age” will spread to crypto, blockchain and the Web3 revolution.

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