CandleFocus Eric Trump: The U.S. can become a crypto superpower with ‘sensible’ regulation
2024-12-09
Author: Content Editor
Eric Trump, son of president-elect Donald Trump, believes that a set of "sensible" regulatory guidelines can make the US a cryptocurrency superpower. He stated that people in the crypto industry are fine with regulation but want clear guidelines. Eric Trump hopes that crypto will surpass the traditional banking system and wants America to lead in the crypto space. He also named Elon Musk as a potential influencer in setting crypto policies under the new administration. Donald Trump has announced plans to replace the chair of the Securities and Exchange Commission, which could indicate a change in regulatory approach for the crypto industry. Eric Trump's comments came as Bitcoin surpassed $100,000 for the first time, aligning with the new administration's plans for the crypto industry.
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