Donald Trump pledged to position the US as a global leader in cryptocurrency innovation and regulation. Meanwhile, the US senator emphasised that America should lead the Bitcoin race. Amid these developments, the Bitcoin price showed resilience and optimism, reaching $102,377.
Donald Trump will make America the crypto leader!
US President-elect Donald Trump, in a recent interview, sent bullish signals to the crypto space. Trump announced his administration’s vision to position the US as a global leader in cryptocurrency. Donald Trump said that countries like China are actively adopting Blockchain and crypto technologies. Therefore, he emphasised the urgency of staying ahead of these countries. According to Trump, the crypto sector is crucial for the US to maintain its economic dominance and technological innovation. He promised to ensure that the country continues to be a pioneer in areas such as Blockchain adoption, crypto mining and regulatory developments.
While discussing his plans, Donald Trump recognised the need for business-friendly crypto regulations. He stated that his administration will work to create a regulatory framework that balances environmental concerns with economic progress. Trump noted that Lee Zeldin’s role in his administration was instrumental in ensuring environmentally sensitive crypto initiatives. Zeldin, tasked with overseeing environmental approvals, will accelerate processes without compromising security.
Cynthia Lummis called for leadership in the Bitcoin race!
US Senator Cynthia Lummis reiterated Donald Trump’s views. In this context, she said that America should lead in the ‘Bitcoin race’ as in the space race. Lummis emphasised the importance of the US dominating the cryptocurrency industry to secure its economic future. Lummis believes that a strong position in Bitcoin and the broader cryptocurrency markets will give the US a competitive advantage globally. His remarks are in line with Trump’s vision of a proactive approach to cryptocurrency leadership. ‘I am ready to help you make this a reality,’ Lummis said.
As you follow from Kriptokoin.com, the US Senator has previously proposed the purchase of Bitcoin as a strategy to reduce the national debt by half over the next two decades. This ambitious plan will counter inflation and strengthen the global position of the US dollar. Meanwhile, the Bitcoin price was trading at $101,490, up 0.65% in the last 24 hours. BTC’s daily range was a low of $99,703.75 and a high of $102,316.49. The leading cryptocurrency recently recorded an all-time high of $103,900.47. In the current situation, it continues to show resistance, although it is slightly below ATH.
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