Coin Center Warning: Major Threats to the US Crypto Industry

Trump Administration’s Impact on Cryptocurrencies:

President Trump is expected to make more pro-crypto appointments to bodies like the SEC and the Treasury Department. However, these changes are unlikely to ease sanctions and strict regulatory policies, as the Justice Department may continue existing criminal prosecutions to preserve its independence.

Coin Center Warning: Valkenburgh emphasized that strict regulatory policies could:

Slow innovation and migration of developers to other countries. Hinder the development of services that

could benefit American users. He added that these measures fail to achieve

their primary goal, as they do not actually prevent criminals and terrorists

from using cryptocurrencies.