Trump to host a cripto White House Summit

U.S. President Donald Trump Friday is hosted by top players Kruptocurnenia in the White House, a political increase in industry that gains legitimacy – and where Republican president faces conflict of interest.

President’s “CRIPTO CZAR”, investor ate Silicon Valley David David, General Directors and Investors, together with members of the Trump Working Group, to the craft policies aimed at accelerating the crypt’s growth and providing legitimacy.

Trump signed the executive order of the “Strategic Reserve Bitcoin” on Thursday night, a move he said that he said that the campaign has promised the component of his coalition.

The guests of the Summit include twins Cameron and Tyler Vinklevoss, the Founders of the Crupto Gemini Platform, as well as Brian Armstrong Coins and Michael Sailora, Chief Major Bitcoin Investor Microstrategi.

In the post in KS, the bags said that the event would be held as a round table and despite interest in the industry, the white house would have to “hold it small.”

For believers, cryptocurrencies represent a financial revolution that reduces dependence on centralized authorities while offer individuals alternative to traditional banking systems.

Bitcoin, the most traded cryptocurrency in the world, announce advocates as a replacement for gold or a living fence against currency devaluation and political instability.

Memecoins

Critics, meanwhile, claim that these funds function primarily as speculative investments with questionable real-world utilities that could leave taxpayers on cleaning hook if the market is crashing.

Proliferation of “memo” – cryptocurrency based on famous personalities, online memes or pop cultural cases, not technical service programs – represents another challenge.

A large part of the crypto industry furrowed on these tokens, fearing the credibility of the sector, in the middle of a quick pump and delay schemes that leave reckless customers who pay property-free assets.

Trump is also facing conflict of interest.

American crypto investors were the main supporters of Trump’s presidential campaign, contributing to millions of dollars towards their victory in the hope that it will end deep skepticism Biden administrations towards digital currencies.

Trump also has significant financial connections in the sector, partnership with the Borne Platform platform financially and launched “Trump” Memecoin in January, as well as his wife Melania.

One hostile mood for the crypto industry, Trump has already taken significant steps to clear regulatory obstacles.

According to the bustle on Thursday, the city part of Bitcoin will be composed of a digital currency seized in American criminal proceedings.

The use of this property “means that it will not cost taxpayers,” Saaks said in the post on Thursday night on X.

Sack said that if previous decades, they held previous governments in their digital farms, they would pay $ 17 billion today.

Trump was also appointed Proponent of Krupto Paul Atkins to start securities and exchanged commission (SEC).

Under Atkins, SEC rejected the legal proceedings against major platforms such as a tavern and the arms that run during the mandate of the Big.

The previous administration conducted the restrictions on banks holding cryptocurrency – which have been abolished – and enabled former Secu President Gary Glensler to follow aggressive implementation.

However, a significant change will probably need congress action, where legal legislation is due to intense lobby efforts that have been investors, including ally Marc andreessen, influence on Marc andreessen ally, influence on an impairment capitalist.