#Trump's inauguration signals a cautious approach to cryptocurrency policy.#
Hot Topic Overview
Overview
Trump is about to take office, but the advancement of cryptocurrency policy may take some time. Although Trump expressed a positive attitude towards cryptocurrencies during his campaign, Greg Cipolaro, Global Head of Research at NYDIG, believes that the new government needs to appoint key officials and complete the confirmation process before it can start pushing cryptocurrency policy. In addition, some important crypto legislation, such as the FIT21 Act and stablecoin legislation, may also take longer to pass, as conservative and free market lawmakers may be less willing to compromise. Therefore, while Trump's inauguration brings new hope, the actual advancement of cryptocurrency policy may need to wait for some time.
Ace Hot Topic Analysis
Analysis
Donald Trump is set to take office, but the advancement of his cryptocurrency policies is expected to be cautious. Greg Cipolaro, Global Head of Research at NYDIG, said that while Trump's inauguration brings hope for the new government to deliver on its campaign promises, changes in cryptocurrency policy may take some time. He pointed out that the new government needs to appoint key officials and undergo confirmation procedures, and it also needs to build a team. In addition, some important crypto legislation, such as the FIT21 bill and the stablecoin legislation, may take longer to pass, as conservative and free-market legislatures may be less willing to compromise on certain issues. Cipolaro believes that geopolitical conflicts, budget and debt ceiling, global trade and tariffs, and immigration issues, among others, may be more pressing, so the advancement of cryptocurrency policy may need to be ranked behind these issues.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The Trump administration will take a cautious approach to cryptocurrency policy.
Changes to cryptocurrency policy will take time, as the new administration needs to appoint and confirm key officials.
Key cryptocurrency legislation, such as the FIT21 bill and stablecoin legislation, may take longer to pass.
Geopolitical conflict, the budget and debt ceiling, global trade and tariffs, and immigration issues may be more pressing issues that could take priority over cryptocurrency policy.