Published on November 6, 2024 at 8:56 p.m. / Modified on November 7, 2024 at 06:55.
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Donald Trump made an about-face during his campaign to side with the cryptocurrency industry.
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His victory should have a first concrete effect: a change at the head of the SEC, the American financial policeman, known to be hostile to the sector.
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The president-elect’s entourage is itself involved in cryptocurrencies, a strong signal for the market.
This is a first in the history of cryptocurrencies: the next president of the United States is openly favorable to the sector. Donald Trump actually changed his position during his electoral campaign. While he called Bitcoin a “scam” in 2021, the Republican became a fervent defender of this digital asset, to the point of appearing during the Bitcoin 2024 conference in July.
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