Donald Trump is preparing to shake up the cryptocurrency sector upon his return to the White House. Among its priorities are ambitious reforms that could transform banking regulation and strengthen the adoption of Bitcoin as well as other altcoins. Details below!
Written by Ariela
Updated on 01/14/2025 at 5:01 p.m. by Grings
Trump declares crusade for cryptocurrencies
The Trump administration appears determined to end theOperation ChokePoint 2.0. This is a strategy seen by blockchain players as a direct attack on their industry. Initiated under Joe Biden, this policy forced many banks to reduce their ties with crypto-friendly companies.
In March 2022, the SEC introduced le bulletin SAB 121 requiring banks to view digital assets as liabilities. This measure has been criticized for its ability to restrict crypto adoption.
With an executive order scheduled for January 20industry players are hoping for a reversal of these banking policies. Such a measure could in fact:
Towards a strategic reserve in Bitcoin?
Among Trump’s plans is the creation of a strategic Bitcoin reserve. This initiative aims to strengthen the position of the United States in the world economy cryptocurrencies. Such a reserve could indeed increase investor confidence. But not only that! This would also promote increased crypto adoption.
Proponents of this idea emphasize the importance ofinvest in Bitcoin. Many investors view this digital asset as a safe haven.
During the election campaign, Trump promised to make the United States the blockchain and altcoin capital of the world. Marc Andreessen, an influential fintech investor, also provided support by helping to recruit technology leaders for this mission.
AI, crypto and decentralization: a common vision
Trump also plans to review artificial intelligence policies and its interaction with blockchains. At a recent lunch hosted by David Sack, the Trump team’s chief technology officer, discussions focused on AI’s potential to:
- boost trade,
- facilitate transactions through secure digital wallets.
Lintegration of these technologies could also strengthen investor confidence:
- by reducing the risk of fraud,
- by improving traceability on blockchains.
Such initiatives would allow the United States to remain at the forefront of technological innovation. This would also consolidate their role of leader in the cryptocurrency industry.
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