President Trump has indicated that the current financial system is outdated and suggested a shift towards a crypto-powered model. In a recent statement, Trump emphasized the potential for finance to move fully on-chain, with blockchain technology at its core. This development is seen as a bullish sign for the cryptocurrency sector, which has grown significantly since the launch of the Bitcoin Network.
Under Trump's administration, several pro-crypto initiatives have been introduced, including the formation of a US Strategic National Bitcoin/Crypto Reserve. Although the US has not yet begun purchasing crypto assets, these steps reflect a growing acceptance of blockchain technology. As the US leads this transition, other countries are expected to follow suit, further integrating crypto into the global financial system.
Trump Signals Shift to Crypto-Powered Financial System
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