What Trump’s Win Could Mean for XRP and FedNow’s Future
Donald Trump’s re-election has reignited debates about the future of cryptocurrency, the FedNow system, and Ripple’s XRP. While his administration is seen as more pro-crypto than the outgoing one, questions remain about how policy shifts could impact the digital asset landscape.

FedNow, CBDCs, and Ripple: What’s Next?
Trump’s Stance on CBDCs: Trump has pledged to block the creation of a U.S. central bank digital currency (CBDC), aligning with concerns about enhanced financial surveillance.XRP and FedNow Rumors: Speculation persists about Ripple’s XRP or XLM powering FedNow's blockchain infrastructure. However, there’s no official evidence to support these claims, and the Fed has clearly differentiated FedNow from a CBDC.FedNow’s Future: Launched in July 2023, FedNow is unlikely to be dismantled, but a blockchain component could be added under a pro-crypto administration.

Ripple and XRP: Riding the Wave
Despite no direct partnership with the Federal Reserve, Ripple and XRP have gained significantly:
XRP’s Rally: Up 169.45% in the last 30 days, trading at $1.43.Legal Boost: Ripple’s ongoing legal battle with the SEC took a positive turn as Chairman Gary Gensler announced his resignation, fueling optimism about XRP reaching $2 or beyond.
Ripple’s CEO, Brad Garlinghouse, and analysts like Ali Martinez believe the token could continue to soar in the coming months.

Caution for Crypto Investors
While Trump’s administration appears pro-crypto, skepticism remains:
Bullish Rhetoric vs. Reality: Historical inconsistencies among policymakers highlight the risk that optimistic promises might not lead to favorable outcomes.Potential Risks: Legislative and regulatory decisions could still derail investor expectations, emphasizing the need for caution.

Conclusion
Trump’s presidency brings both hope and uncertainty for the crypto market. While Ripple and XRP stand to benefit from a friendlier regulatory environment, the broader impact on FedNow and the U.S. digital currency strategy remains unclear.
As always, investors should balance optimism with prudence in this rapidly evolving landscape.
#XRP #Trump #FedNow #CryptoNews
$XRP

Note: This is an analogy of the Author and does not guarantee or articulate any real-time predictions.

Beware of Bitcoin! A crypto billionaire, Michael Novogratz said this in an interview with Bloomberg. According to the expert, the scenario is real.
Of course it is. If this really happens, a chain reaction will begin: everyone will rush to buy Bitcoin and it will grow to indecent values.
While the growth continues, the United States will be slowly exiting the market, so to speak, “in a ladder fashion”, thus zeroing out its exorbitant national debt, selling “air”, that is, Bitcoin, and receiving real money in return.
Only after the speculative race subsides, those who enter the market at the peak will most likely be left with expensive digital “wrappers” and the realization that the strategic game was won by someone else.
Moreover, if we hypothetically imagine that all bitcoins will be bought up, a paradox will arise: instead of a tool for getting out from under the control of banks and regulators, we get an asset that, in fact, will again be controlled by large players, only under new names.
In general, the idea of ​​​​a nationwide accumulation of bitcoin is attractive to certain circles, but in reality this race turns against the very idea of ​​​​cryptocurrency as a decentralized asset available to the mass user.
And who to sell bitcoin to if the price reaches a million dollars?
Let's imagine that states create a deficit that inflates the cost of one bitcoin to a million dollars. Then the rise in price to obscene prices will automatically narrow the circle of buyers. Who is really able to buy bitcoin at such prices? Ordinary citizens?
Since states will buy bitcoin with one goal - to protect themselves from inflation, then with their own hands they will drive themselves into a "golden cage" in which there will be no place for buyers who are able to continue to support the market price. As a result, the market will close in on a small number of large “holders”, and the asset will turn into dead weight, that is, illiquid goods.
Illiquidity will be expressed in the fact that as soon as one of the large players wants to sell their bitcoins, it will be necessary to find someone who will buy these bitcoins from them. It turns out to be a vicious circle.
In addition, as soon as bitcoin becomes the subject of diversification at the state level, people will start looking for an alternative. That is, instead of a “people's” currency, we will get “digital gold” with a high entry threshold, disconnected from the tasks of the real economics tasks and human needs.
The result? Attempts to “capture” bitcoin will inevitably undermine its essence and make it unprofitable for all participants, except for a narrow circle of large players, who by that time will already be, as they say, “out of the market”.

#Bitcoin #Trump #cryptocurrencies

El nuevo gabinete de Donald Trump, conformado por figuras influyentes como Elon Musk y Howard Lutnick, señala un posible giro en la política de Estados Unidos hacia las criptomonedas. La inclusión de líderes abiertamente pro-criptomonedas, algunos con inversiones directas en el sector, podría traer un impulso decisivo a la innovación y adopción de activos digitales. Este equipo tiene el potencial de facilitar una mayor claridad regulatoria, fomentar el desarrollo de la tecnología blockchain y establecer políticas que atraigan inversores globales. Si esto ocurre, podríamos estar al borde de un auge significativo en la aceptación institucional de las criptomonedas.
Sin embargo, esta evolución también podría tener un impacto profundo en la economía global. Una postura favorable en el país que domina los mercados financieros podría legitimar aún más las criptomonedas, fortaleciendo su papel como activos de inversión y medios de pago. Para los inversores, esto podría traducirse en nuevas oportunidades, pero también en volatilidad ante cambios regulatorios. Mientras tanto, economías emergentes podrían beneficiarse de mayores flujos de capital hacia proyectos blockchain. En este contexto, la comunidad criptográfica y los mercados mundiales estarán atentos a las primeras señales de esta administración, ya que sus decisiones marcarán el ritmo del futuro financiero.
#Binance #MarketDownturn #ElonMusk #Trump

By decreasing the SEC's role and seeking clearer crypto control, the Trump administration intends to transfer Bitcoin and Ethereum regulation to the CFTC.

Reportedly, the Trump administration is contemplating giving the CFTC more control over the cryptocurrency sector, particularly Bitcoin and Ethereum. The idea calls for the Commodity Futures Trading Commission (CFTC), which has long been responsible for commodities and derivatives, to take the lead in overseeing digital assets, reducing the role of the Securities and Exchange Commission (SEC).

Since cryptocurrencies like Bitcoin and Ethereum are more closely resemble commodities than securities, this plan calls on the CFTC to regulate their spot markets. The combined market capitalization of these two cryptocurrencies is at $2.24 trillion, or 70% of the total. Many in the cryptocurrency sector welcome the CFTC's softer regulatory stance, seeing it as a chance to lower innovation hurdles. According to "Crypto Dad," a former chair of the CFTC, Christopher Giancarlo, the agency could start regulating digital commodities right away given enough money and leadership to take on a more expansive role.

With this move, the SEC is expressing its displeasure with the enforcement-driven strategy implemented by departing Chair Gary Gensler, who has drawn criticism for harshly cracking down on cryptocurrency companies. On top of that, it lines up with Republican goals of cutting red tape and encouraging new ideas. Harmonizing the regulatory framework and resolving the protracted disagreement over the classification of digital assets as securities or commodities might be achieved by shifting control to the Commodity Futures Trading Commission (CFTC).

Some cryptocurrency companies have relocated their operations abroad due to the disjointed regulatory landscape caused by years of jurisdictional disputes between the SEC and the CFTC. Cryptocurrencies are seen as commodities by the CFTC, but securities by the SEC. Uncertainty caused by this discrepancy has hindered the industry's expansion.

The goal of the "BRIDGE Digital Assets Act," a bill that has Republican and Democratic sponsors, is to encourage collaboration between the two departments. A joint advisory council consisting of twenty members from the private sector to coordinate regulatory measures is proposed under the legislation, with Tennessee Congressman John Rose serving as its chairman. The existing enforcement-driven paradigm is criticized in the bill for allegedly discouraging innovation in the United States and encouraging investment from elsewhere.

While previously asserted the agency's power over Ethereum, CFTC Chair Rostin Behnam has already shown an interest in wider crypto regulation. Possible conflicts between the SEC and the CFTC over the planned amendments include the latter's 2023 categorization of all Proof-of-Stake tokens as securities and the former's view of Ethereum as a commodity.

The prospect of the CFTC taking the initiative has been warmly received by the crypto community. In contrast to the SEC, the agency is often seen to be more supportive of crypto innovation. No longer will the SEC be able to stifle the cryptocurrency business," one commenter said. Since institutions are better able to manage risk, the CFTC takes a more measured approach.

Still, there are obstacles. The SEC has a $2.4 billion budget and 5,300 people, whereas the CFTC has just 700 workers and a budget of $400 million. If the CFTC wanted to keep an eye on the cryptocurrency spot market, it would need a lot more money and manpower. Traditional CFTC constituents, such agricultural commodities merchants, have also been the target of criticism over the possible effect. To ensure bipartisan support, it is necessary to address these challenges in the legislation wording.

Clearer rules for the cryptocurrency business and investors, as well as fewer disputes between authorities, might result from the change in regulatory emphasis. If put into action, the CFTC-led framework has the potential to be a game-changer in the fight against regulatory ambiguity and for the expansion of the bitcoin industry in the United States. The CFTC is expected to play a pivotal role in the potential reshaping of digital asset regulation brought about by the Trump administration's strategy and the bipartisan legislation.

#Trump #MarketBuyOrHold? #BTCWatchZone #BinanceHODLerTHE $BTC

Trump Targets Blockchain Policy Overhaul

President-elect Donald Trump is reportedly considering creating a dedicated “AI czar” position to coordinate federal policies and spearhead advancements in artificial intelligence (AI).
This potential move highlights Trump’s focus on maintaining the United States’ technological leadership.
Trump’s Intertwined Leadership in Crypto and AIThis role would focus on managing and coordinating federal AI policy, indicating a significant move towards centralizing AI governance in the US government.
Sources suggest that Elon Musk, who already plays a significant role in Trump’s Department of Government Efficiency (DOGE), could heavily influence the selection. However, he is unlikely to assume the role directly.
The proposed AI czar would collaborate with agency artificial intelligence officers, a structure established by President Joe Biden’s executive order. The office would ensure the US stays at the forefront of AI innovation. It would also address critical challenges such as government efficiency and fraud prevention.
Further, the AI czar’s office would also guide private investments to expand the energy and computational resources required for artificial intelligence. These objectives align with Trump’s broader technological and economic ambitions, which prioritize deregulation and private-sector growth.
“Appointing an AI czar signals that the incoming administration is placing AI at the forefront of its agenda- and rightly so. As the lead for federal AI efforts, the Czar should focus on two key priorities to help fulfill the president-elect’s economic goals: accelerating adoption and safeguarding US competitiveness,” the Center for Data Innovation said in a statement.
It only came days after reports that Trump was also planning a parallel initiative in the digital asset sector with the appointment of a “crypto czar.”
Chris Giancarlo, the former Commodity Futures Trading Commission (CFTC) chair, is a frontrunner for this role. Known as “Crypto Dad,” Giancarlo has championed blockchain adoption and led the Digital Dollar Project.
Other candidates under consideration include Coinbase CEO Brian Armstrong and former Binance.US executive Brian Brooks. Trump’s team is also exploring combining the AI and crypto roles into a broader emerging technologies czar.
Taken together, these developments reflect the interconnected potential of crypto and AI in reshaping the economy.
Crypto’s Regulatory Shift: Implications and Industry Reactions
In parallel, Trump’s crypto czar would lead regulatory reforms aimed at fostering innovation while providing clarity for the blockchain industry.
Trump has promised a new regulatory council for digital assets, signaling a departure from the SEC’s (Securities and Exchange Commission) contentious stance under outgoing Chair Gary Gensler.
Acquiring a stake in the crypto exchange Bakkt is also under discussion, potentially aligning Trump’s investments with his policy priorities.
Industry leaders see these appointments as pivotal. Cardano’s founder, Charles Hoskinson, praised the idea of a crypto czar but emphasized the need for a neutral figure who understands the unique potential of blockchain technologies.
“With respect to the idea of a Crypto-Czar at the White House, I feel the role needs to be filled with someone neutral, works with all protocols, and has a deep understanding of why crypto is special,” Hoskinson wrote.
However, concerns have been raised about potential conflicts of interest. Specifically, Musk’s involvement in shaping AI policies could benefit his companies, such as xAI.
In hindsight, the billionaire entrepreneur has a history of public feuds with rival CEOs such as OpenAI’s Sam Altman and Google’s Sundar Pichai. Some suggest he could capitalize on his relationship with Trump to favor his companies.
Nevertheless, by consolidating leadership in AI and crypto, Trump aims to position the US as a global powerhouse in emerging technologies. Whether these efforts achieve the desired balance between innovation and regulation will define their legacy in these transformative industries.
#Trump #CryptoRegulation #Bitcoin #Altcoins #CryptoNews

Trump wants the CFTC to be in charge of crypto regulation, not SEC

Donald Trump’s incoming administration has plans to hand over most of the crypto industry’s regulatory power to the Commodity Futures Trading Commission (CFTC).
This is a direct move to strip the Securities and Exchange Commission (SEC) of its grip on the $3 trillion crypto market—a market that’s been stuck in a regulatory disaster for years.
Trump’s idea? Get rid of the heavy-handed tactics the SEC used under Gary Gensler during Biden’s term. Instead, Trump wants a system that encourages innovation, especially in blockchain technology, while setting some boundaries for the growing crypto space.
CFTC’s new frontier
The CFTC might be a smaller regulator than the SEC, but Trump sees it as better suited for crypto. It already oversees the $20 trillion U.S. derivatives market, including futures, options, and commodities like gold, oil, and wheat.
Unlike the SEC, which regulates securities and targets small investors, the CFTC focuses on sophisticated institutional players who are seen as better at managing financial risks. This makes the agency a favorite among crypto insiders.
Under Trump’s plan, the CFTC’s job would grow to include overseeing Bitcoin, Ethereum, and other digital assets classified as commodities. This includes regulating spot markets—places where these assets are bought and sold—and the exchanges that handle those trades.
Right now, there’s no single regulator managing these markets, creating massive uncertainty for companies and traders. Chris Giancarlo, a former CFTC chair nicknamed “Crypto Dad,” backs this plan.
“With adequate funding and leadership, the CFTC could regulate digital commodities from day one of Trump’s presidency,” he said.
Giancarlo, who served under Trump during his first term, pushed for the CFTC to approve Bitcoin futures trading in 2017 and has been advocating for more crypto oversight ever since.
Biden’s outgoing CFTC Chairman Rostin Behnam also raised concerns about the lack of resources for crypto oversight. At a Senate hearing in July, he called for additional funding, noting that half of the CFTC’s enforcement actions this year were against crypto firms.
Behnam said the agency’s $400 million budget and 700 staff members are dwarfed by the SEC’s $2.4 billion budget and 5,300 employees.
Crypto’s future under Trump
Gensler labeled most cryptocurrencies as securities, making the SEC the crypto industry’s biggest enemy. Lawsuits, fines, and enforcement actions piled up, forcing many crypto companies to operate in legal limbo—or leave the U.S. altogether.
Trump’s team wants to fix this. They believe the CFTC’s lighter touch can provide the clarity the crypto industry has been begging for. According to sources, the Trump administration’s goal is to cut unnecessary regulations while still protecting investors from fraud.
The incoming administration also plans to create a new position: a ‘crypto czar.’ This person would lead a team of advisors shaping U.S. crypto policy. Giancarlo is a top contender for the role.
Giancarlo pointed out that the CFTC recognized Bitcoin as a commodity as far back as 2015. “The CFTC has been involved with crypto longer than people realize,” he said. He believes the agency has the experience needed to handle this expansion.
But not everyone is on board. Traditional CFTC constituencies worry that expanding its power could create new problems. Giving the agency authority over digital commodities might spill over into physical and agricultural markets, areas currently regulated by the Department of Agriculture.
Any legislation to expand the CFTC’s role will need to address these concerns clearly. Gensler’s progressive approach angered many in the industry and even within his own agency. Many senior officials resigned, and the SEC’s employee union repeatedly clashed with him.
“There’s a lot of work to be done at the SEC,” Giancarlo said. “Many of its top talents have left. We need to get it functioning again and focused on innovation.”
While Giancarlo was once considered a favorite to replace Gensler as SEC chair, he told Trump’s team he wasn’t interested in cleaning up what he called “Gensler’s mess.”
The question remains: who will lead the SEC next? Sources say Trump’s team is looking for someone who supports innovation but also has the administrative skills to handle the SEC’s broader responsibilities.

Beyond crypto, the SEC oversees the $100 trillion securities market, which includes stocks, bonds, mutual funds, and treasuries.
Despite its challenges, the SEC still plays a vital role in the financial system. “The SEC has great bones,” Giancarlo said. “The next leader will need strong policies and leadership to make it work again.”
#CryptoRegulation #Trump #CFTC #SEC #CryptoNews

El 26 de noviembre, el analista de TD Cowen, Jaret Seiberg, predijo un cambio crucial para la industria de las criptomonedas con la posible influencia de Donald Trump en la Comisión de Bolsa y Valores de Estados Unidos (SEC). Este pronóstico podría marcar un antes y un después en el panorama regulatorio y de cumplimiento para los activos digitales. Con Trump al mando, la SEC podría adoptar una postura más flexible hacia las criptomonedas, lo que tiene el potencial de transformar el sector de las criptomonedas y generar un impacto significativo en los inversores y empresas.
La Influencia de Trump sobre la SEC: Un Cambio Esperado
En su informe, Seiberg subraya que la llegada de Donald Trump a la Casa Blanca el 20 de enero de 2025 podría traer consigo un cambio profundo en la forma en que la SEC regula las criptomonedas. A diferencia de las posturas más estrictas y conservadoras adoptadas por la administración actual, Trump podría optar por un enfoque más relajado, lo que se traduce en un ambiente regulatorio más favorable para las empresas de criptoactivos.
La SEC, bajo el liderazgo de Gary Gensler, ha sido conocida por su enfoque estricto hacia las criptomonedas, especialmente con el debate sobre si ciertas criptomonedas deben ser consideradas valores. La potencial llegada de Trump, respaldado por una visión más favorable hacia los activos digitales, podría hacer que la SEC pase de un enfoque represivo a uno que promueva la innovación, el cumplimiento y, sobre todo, la certeza jurídica para las empresas de criptomonedas.
Un Enfoque Regulatorio Más Flexibles: Implicaciones para el Cumplimiento
Una de las posibles repercusiones de este cambio podría ser la mejora en el cumplimiento dentro del sector. Con un marco regulatorio más claro y con un enfoque menos agresivo hacia las startups de criptomonedas, las empresas tendrían mayores incentivos para operar dentro de la legalidad, lo que contribuiría al crecimiento del mercado. Este desarrollo también podría generar confianza en los inversores institucionales que, hasta ahora, se han mantenido al margen debido a la falta de un marco regulatorio definitivo.
El análisis sugiere que el foco de Trump podría ser la creación de reglas claras que permitan a las criptomonedas operar con mayor libertad, reduciendo la burocracia y acelerando el proceso de adopción de la tecnología blockchain en sectores clave de la economía.
El Debate en Torno a la Regulación de las Criptomonedas: La Oportunidad de una Nueva Era
La regulación de las criptomonedas sigue siendo uno de los temas más debatidos en el espacio financiero global. A medida que el mercado de activos digitales sigue evolucionando, las voces que reclaman una regulación más amigable con la innovación se hacen más fuertes. La presidencia de Trump podría ser una oportunidad para que se aborden estos desafíos de manera que favorezcan tanto a los inversores como a las empresas del sector. Si la SEC cambia su postura, podríamos ver una aceleración en la adopción de criptomonedas, impulsada por una mayor claridad legal y menos incertidumbre.
Además, los cambios en la regulación también podrían abrir las puertas a la creación de nuevas infraestructuras y plataformas de intercambio de criptomonedas, así como facilitar la integración de estos activos en las finanzas tradicionales.
Un Futuro Incertidumbre: Preparación para lo que Viene
A pesar de las señales positivas, los expertos siguen subrayando la importancia de mantenerse atentos a las decisiones políticas y regulatorias que puedan surgir. Aunque Trump podría adoptar una postura más favorable para las criptomonedas, los desafíos de implementar políticas eficaces y equilibradas siguen siendo una incógnita. ¿Cómo reaccionarán las otras agencias gubernamentales? ¿Qué impacto tendrán estos cambios en los inversores extranjeros y las políticas internacionales?
Es crucial que los actores clave en la industria de las criptomonedas se preparen para los posibles cambios en el entorno regulatorio. A medida que las expectativas de un cambio de rumbo bajo el liderazgo de Trump crecen, es probable que el mercado experimente una mayor volatilidad en el corto plazo, mientras que el largo plazo podría traer consigo un entorno más estable y confiable para las criptomonedas.
#BecomeCreator #SEC #Criptomonedas #Trump #regulacion