CandleFocus TON Blockchain Targets US Expansion Amid Pro-Crypto Shift Under Trump
2025-01-14
Author: Content Editor
The TON Foundation is planning to expand its presence in the United States, citing the upcoming administration of Donald Trump as a favorable regulatory environment for cryptocurrencies. As part of this strategic shift, the foundation has named Manuel Stotz as its new president, replacing Steve Yun. Donald Trump has expressed support for digital assets and may issue a pro-crypto executive order upon taking office. The TON Foundation aims to make crypto services accessible to Telegram's user base of 950 million people and has plans to reach 500 million users by 2028. Despite its ambitions, TON has faced challenges, with declining interest in tap-to-earn games contributing to setbacks for its blockchain and Toncoin. Telegram CEO Pavel Durov's arrest and the integration of TON have played a role in the company's growth.
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