Can Trump Make the US a Global Crypto Hub?
Donald Trump’s win and a surge in interest in US digital asset funds and derivatives contracts have caused the crypto market’s attention to revert to the US in anticipation of easing regulations in 2025.
The success of US Bitcoin exchange-traded funds (ETFs) at the onset of 2024 ignited a rush in activity, while Trump’s commitment to position America as the epicentre of the crypto sector further intensified the momentum.
The ETFs clearly indicate a broader adoption of cryptos by long-term investors.
Still, With a long list of campaign pledges to keep, the president-elect’s pledge to retain all remaining Bitcoin “made in the USA” could be tricky, according to some naysayers.
Following a June meeting with leaders from cryptocurrency…