Trump Administration Strengthens Bitcoin, Altcoins Face Regulatory Uncertainty

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ODAILY
03-09
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Odaily reported that famous trader Eugene Ng Ah Sio recommended an analysis article about the White House crypto summit on social media, calling it an "excellent analysis". The article focused on analyzing the latest crypto policy of the Trump administration. The U.S. government's latest crypto policy has strengthened the dominance of , proposing the concept of a "digital Fort Knox" and planning to convert the confiscated crypto assets into to further consolidate its "digital gold" attribute. According to the analysis, the policy mainly ensures that the crypto industry is no longer suppressed, including stopping bank blockades and providing a certain degree of regulatory clarity, but does not prioritize the development of the crypto industry, nor does it involve areas such as payments and . At the same time, (such as , , ) did not receive explicit support, and there is still uncertainty about future regulation. In addition, members of the Trump family have voiced support for multiple times in the past and hinted at the possibility of promoting a "crypto tax exemption" policy, but Trump's advisor David Sacks denied this claim and emphasized that the crypto policy will not favor specific tokens. The market expects that if the internal differences within the Trump team increase, there is a possibility of policy adjustments in the future.

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