Trump to Prioritize US-Based Digital Coins, Such as XRP
The cryptocurrency community is optimistic about President Donald Trump’s inauguration, viewing it as an end to the regulatory challenges faced under the previous administration. Key developments include the appointment of David Sacks as the AI and cryptocurrency czar and the nomination of Paul Atkins for SEC Chair. These moves are expected to foster a more crypto-friendly environment, allowing banks to engage with crypto companies without fear of regulatory repercussions. This shift is anticipated to encourage the return of crypto startups to the U.S. Additionally, the administration plans to establish a crypto reserve with a US company, such as XRP, and end de-banking practices, further supporting the industry’s growth.
Read more here: https://nypost.com/2025/01/16/business/new-trump-ends-crypto-communitys-government-harassment