Donald Trump’s New Crypto Bible Is Everything the Industry Ever Wanted

White House There is Determine the plan The center of the “New American Golden Age”, including cryptocurrency at its center.

A 160-Sage Report Representatives of the White House, published on Wednesday, outlined multiple recommendations to the federal government officials while determining the legal structure and regulatory rules for the crepto resources agencies in the United States.

If action is taken by law makers and regulators, recommendations will effectively give gifts to the crypto industry – which Spent several million dollars 2024 The Congressional Race affects – practices everything that it called during the Biden administration.

Among other items, the White House suggests that Congress resolves laws that resolve Long -standing debate Top on top of the classification of Crypto wealth and embrace the idea Decentralized finance; Financial Surveillance “Bureau Further complaint discrimination Crypto is against the business.

The report claims, “Digital resources and blockchain technologies can revolutionize not only the US financial system, but also revolutionize the economy of ownership and administration,” the report claims. “American entrepreneurs who use these technologies to advance the new industry are the principles that affect their efforts and admiration for their progress both deserve precision.”

Report – a described one “Regulatory Bible“By the leader of the digital chamber, a crypto trade agency was compiled by the working grouping group President Donald Trump established He returned to the White House in January shortly after. Its members include White House Crypto and AI Caesar David Sacks, which contains VC Firm Invest in multiple crypto startupsAnd Commerce Secretary Howard Lutnik, who led the financial institution Cantar Fitzgald until the office was accepted, provides Tether, the largest stabiline supplier in the world.

Many recommendations of the working group are already being implemented. In mid -July The law of clarityA law that will establish a classification for crypto assets and divide the jurisdiction between the Security and Exchange Commission and the Future Trading Commission, the regulatory jurisdiction. In the same week, Trump has a separate signature, Stable-centered bill Law

“Crypto boys were not great to play the lobbying game a few years ago,” Crypto Farm Ava Labs COOs and CFTC COOs said. But in Trump, he said, “The crypto industry saw a friend. Although the crypto was converted late, the door was open when it reached there.”

In the Working Group’s report directly echoed in Crypto Chenashonas prominently claimed that the biden administration “wanted to crush this industry through a promotion”ControlThe “It even borrows the terminology – as Operation Chokpoint 2.0– to describe discrimination that it has suffered that it has been accused by art.

The report claims, “The Biden administration’s view on Crypto was characterized by the regulator overreach, which resisted the American Tradition of American new technology,” the report claimed. “President Trump’s election has identified the end of this misstop. It was the end of a US strong fork – an update, a discipline of a weak -policy decision in favor of better approach.”