Trump's victory = catalyst for the start of a new bull cycle.
• Why is Trump interested in cryptocurrency?
Trump has long spoken positively about crypto and its convenience, but...
"I'm seeing more and more people wanting to pay with BTC, and that's interesting. There will need to be some regulation. I could live with that," Trump said.
Regulation, according to Trump, is necessary before the full implementation of cryptocurrency.
At recent conferences, Trump has said that cryptocurrency will play an important role in the country's "technological breakthrough."
• Benefits of widespread adoption of cryptocurrency
The first and probably the most important point is to attract huge funds from the outside world into cryptocurrency. The introduction of regulations will allow funds to legally invest their money.
• Trump's speech at Bitcoin 2024
The politician plans to speak at the Bitcoin 2024 conference, which will be held on July 27 in Nashville.
The main goal of the speech is to attract crypto-oriented businesses and US citizens to their side.
• Summary
We can already assume that the full adoption of digital assets will cause a huge surge in the market.
Since it becomes completely legal, millions of people will rush to invest in cryptocurrency. And all this, according to many, can be done by Trump.#Bitcoin