CandleFocus Trump Doubles Down on Regulation Cuts—Plans to Slash 10 Rules per New Policy
2024-12-17
Author: Content Editor
Donald Trump has unveiled plans to slash regulations in order to stimulate economic growth. He has promised to eliminate 10 regulations for every new one that is implemented. Although he did not mention cryptocurrency specifically, his recent actions hint at a more crypto-friendly regulatory environment. Trump has appointed individuals favorable to crypto advancements and has voiced support for reducing barriers in the sector. He aims to position the United States as a global leader in the digital currency industry. In addition, he has created a new body, the Department of Government Efficiency, to cut regulations and reduce federal spending.
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