Crypto to go mainstream under Trump deregulation plans
The next-elected US president’s backing of cryptocurrencies, combined with his influential personality, is set to induce a turning point for crypto adoption among everyday Americans.
GlobalData Global Product Holding Analytics 2024
Currently, only 15% of Americans own cryptocurrencies, according to GlobalData’s Global Product Holding Analytics 2024. Donald Trump’s plan to end the Securities and Exchange Commission’s (SEC) “war on cryptocurrencies” and make America the “crypto capital of the planet” includes removing SEC chair Gary Gensler on his first day in office. Trump has also proposed establishing a US bitcoin strategic reserve and supporting mining facilities over the medium term,…
