In a pivotal moment for the crypto world, President Trump has signed the GENIUS Act, creating a regulatory framework for stablecoins and drawing a sharp contrast with the Biden administration. This bipartisan legislation aims to bolster the crypto industry while addressing concerns over consumer protection and data privacy.
In a groundbreaking move, President Trump has signed an executive order to create a strategic reserve for Bitcoin, aiming to position the US as the Crypto Capital of the World. This reserve will hold forfeited cryptocurrencies and is expected to draw parallels with Fort Knox while keeping taxpayers uninvolved. Will this transform the crypto landscape?
In a surprising twist, Trump's announcement of a U.S. Crypto Strategic Reserve temporarily boosts Bitcoin and other cryptocurrencies. But critics question the strategy's long-term viability. Will this move redefine the crypto landscape or is it just a fleeting moment of hype?