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Trump’s inauguration will usher in a crypto-friendly administration, and with it, new state policies

  • The Bitcoin-friendly administration of President-elect Donald Trump could lead to more states becoming open to cryptocurrency investments, as reported by various analysts.
  • A U.S. Government Accountability Office study warned that cryptocurrency has uniquely high volatility and no standard approach for projecting future returns.
  • The State of Wisconsin Investment Board became the first state to invest in cryptocurrency, purchasing $160 million in shares of two ETFs, later scaling back to $104 million.
  • Pension fund professionals are cautious about investing in cryptocurrency, with many expecting limited commitment due to its volatility, according to Keith Brainard.
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foxperiodical.com broke the news in on Sunday, January 19, 2025.
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