donald trumpthe incoming president of the United States, is planning big agendas for position the country as a leader in the world of cryptocurrencies.
during a interview With CNBC’s Jim Cramer at the New York Stock Exchange, Trump spoke about his vision of digital currencies.
He noted the progress that other nations, such as China, are making with digital assets and He stressed that the United States cannot afford to be left behind.
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In the interview with Cramer, he stated:
We are going to do something great with cryptocurrencies. We don’t want China or anyone else; others are embracing it and we want to be the head.
One of Trump’s plans is creation of a national Bitcoin
btc
$100,131.20
reserve. He promoted this idea during his campaign, which aims to put the United States in the lead in the cryptocurrency space.
Trump too discussed the need to update the country’s crypto infrastructureciting the critical role of the expansion of energy resources in supporting blockchain technology.
He also mentioned that the Environmental Protection Agency candidate Lee Zeldin is expected to be in charge of overcoming environmental obstacles..
Jim Cramer, host of CNBC’s “Mad Money,” is known for the perceived inaccuracy of his stock market analysis. His assertive recommendations and high-profile presence have made him a frequent subject of internet memes.
Trump’s plans for crypto leadership are already taking shape with key appointments to drive his vision. On December 6, he made headlines by selecting David Sacks as his “Crypto Czar.” What could this mean for US crypto policy? Read the full story.
Having completed a master’s degree in Economics, Politics and Cultures of the East Asian region, Aaron has written scientific articles analyzing the differences between Western and collective forms of capitalism in the post-World War II era.
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