Cathie Wood: I look forward to an era of relaxed regulation of cryptocurrencies and digital assets after Trump takes office

Odaily Planet Daily Report: Cathie Wood, founder and CEO of Ark Investment Management LLC, said she welcomes the era of relaxed regulation under the Trump administration, especially in the areas of technology, cryptocurrencies, and digital assets. "The United States has almost lost its foothold in the cryptocurrency field," Wood said, citing "over-regulation" and the outgoing U.S. SEC chairman Gary Gensler's concerns about the industry. In a program last Sunday, Wood said that cryptocurrencies and artificial intelligence are one of the technology platforms that the United States must "seize and master" to "lead the trend, just as we have done in the Internet field." Changes in the regulatory system, with a primary focus on cryptocurrencies and artificial intelligence, will be very meaningful. She also mentioned robotics, energy storage, and multi-omics sequencing. When asked about Trump's threat to impose tariffs on U.S. trade partners, Wood said that if taxes could be reduced to offset the tariffs, this "does make some sense." She said that under the leadership of Trump's second term, the stock market is expected to see more diversified earnings, "in the past four years, we have seen a lot of capital concentrated in a few stocks, and I think the market will now expand and reward those companies at the forefront of innovation," which will benefit small and medium-sized enterprises.