White House Bo Hines “Trump, President Leading The Golden Age Of Cryptocurrency”

Bo Hines, Head Of Working Group Of Trump's Presidential Cryptocurrency Advisory Committee (Source: WSJ)

Strong Expectation Within White House Is Expressed That President Donald Trump Is The Person To Usher In A 'Golden Era' Of The Cryptocurrency Industry.

On The 10th (Local Time), Bo Hines Of The White House Presidential Cryptocurrency Advisory Committee Announced On His X Account, “President Trump Is A True Cryptocurrency President” And “Under His Leadership, America Will Experience A Golden Era In Cryptocurrency And New Financial Technology Sectors.”

He Also Pointed Out That “Cryptocurrency Companies Became Victims Of A Weaponized Judicial System During The Biden Administration,” Emphasizing That The Trump Administration Will Integrate And Actively Foster This Industry Into The Mainstream.

Hines' Remarks Are Interpreted As A Signal That The Trump Administration Will Restructure Approaches Of Existing Regulatory Agencies Like The SEC And The Department Of Justice, And Create A Clearer And More Flexible Regulatory Environment For Digital Assets.

This Direction Aligns With Recent Measures Such As The Appointment Of Paul Atkins As SEC Chairman, The Dismantling Of Cryptocurrency Investigation Units, And Discussions On Relaxing Stablecoin Regulations, Further Raising Expectations For The Integration Of The Cryptocurrency Market Into The Mainstream.