US President Donald Trump will make a speech at the Crypto Money Summit in New York on March 20. For the first time a US President, Bitcoin $83,528.25 And he will participate in an event about crypto currencies. At the summit, Bitcoin’s role in financial policies, regulatory developments and state strategies will be discussed. The event is seen as an important turning point in the US approach to digital assets.
Trump’s crypto monetary policies
In Trump’s speech, Bitcoin’s place in the US financial system and the role of the country’s general economic strategy will come to the fore. The US President will evaluate the institutional acceptance of crypto currencies on regulations and the effects on the market. Trump commented on the Bitcoin and crypto money market in his previous election campaigns. However, this time, he will make direct statements at an event while he is official.
The US plan to create Bitcoin reserves will also be on the agenda. With an executive order signed last month, steps were taken to take part in national reserves of Bitcoin. Authorities, this process will not create a burden on the federal budget, he says.
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Crypto Money Market and Regulatory Developments
At the summit, the leading names of the sector and representatives of the big company will be included. Michael Saylor, BTC historian Pete Rizzo, Blackrock and Nasdaq officials will talk at the event. New law proposals on crypto currency regulations in the US will also be discussed. Senators and MPs will offer suggestions to expand the Bitcoin reserve.
The effect of crypto currencies on global markets is growing. Regulators aim to create new frameworks to balance the market. The event can lead to further discussion of states’ policies towards Bitcoin. Sector representatives and investors closely follow the decisions to be taken at the summit.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
