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Trump unleashes crypto 'sea change' in first 100 days

  • President Donald Trump initiated a pro-cryptocurrency agenda during his first 100 days in office starting January 20, 2025, in Washington, D.C.
  • This agenda arose after Trump reversed his earlier skepticism of crypto, aiming to make the U.S. A global leader in digital assets and blockchain technology.
  • Key actions included launching the Strategic Bitcoin Reserve with 200,000 Bitcoins held by the government, appointing crypto-friendly officials, and proposing crypto ATM installations in federal buildings.
  • According to Nic Carter, Trump's approach signals a “total sea change,” while concerns remain about crypto’s high volatility and risks to financial stability noted by the Bank of Italy.
  • Trump’s policies and personal crypto investments may reshape U.S. Regulations and markets but also raise scrutiny over conflicts of interest and potential systemic risks.
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The Hill broke the news in Washington, United States on Tuesday, April 29, 2025.
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