Cryptocurrency magnate strongly supported Donald Trump’s offer for the presidency, and he has already started to reimburse them by deregulating the cryptography industry. Combined with Mr. Trump and his family’s own dive on the market, which could enrich him as well as his circle. But this can also worsen all kinds of criminal activities and risk the health of our financial markets.
In recent years, the Securities and Exchange Commission has moved to regulate the crypto, recognizing its potential to destabilize traditional finances. Historically, the priorities for applying the law of the SEC only have occurred from administration to administration. They are rarely, even never, completely abandoned.
Mr. Trump ended this tradition. In just over three months, the SEC eliminated its cryptocurrency program, rejecting, closing or “pause” almost all of the crypto, the call and the investigation. The dry also has, among other stages, emptied its cryptographic assets and its cyber, dropping the word “crypto” of its name, reduces its ranks by 40% and reallitation His first right of litigant in the IT department.
Meanwhile, Mr. Trump and his family have launched many cryptographic companies, especially in start -up of their own business and their currency, which help investors anonymously fill Trump’s chests. The trumps said they would join the Singapore Crypto.com Crypto -based Crypto to introduce a series of crypto -related funds and launched $ Trump and $ Melania same – a risky type of crypto derived from memes or internet trends. (Dogecoin, a same, favored by Elon Musk, inspired the name of his Ministry of Effectiveness of the Government.) In February, the SEC said that the same was entertaining new features and collectibles, and not the “titles” and announced that it would not subject them to surveillance.
Bloomberg News recently estimated That the paper value of the Crypto Empire of the Trump family approaches $ 1 billion. Our company can pay a price for the regulation of this administration on the face.