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How President Trump Is Sparking a Crypto Revolution in America

  • President Trump is driving a crypto revolution in the U.S. As Coinbase joins the S&P 500 in May 2025, marking a key milestone for the industry.
  • This shift follows Trump's appointment of crypto-friendly regulators like Paul Atkins and a departure from the previous administration's strict SEC enforcement.
  • Despite a recent SEC investigation into past Coinbase user data reporting and a costly cyberattack, Coinbase's market value surged 24% after news of joining the S&P 500.
  • Brian Armstrong, CEO of Coinbase, stated that the company's inclusion in the S&P 500 signals the lasting presence of cryptocurrency, while Coinbase continues to hold a dominant 66% share of the U.S. Crypto market.
  • While supporters see this as legitimizing crypto's future in finance, critics warn increased risks may lead to a crisis similar to 2008, with Main Street Americans vulnerable.
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1fakt.com broke the news in on Thursday, May 15, 2025.
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