At the end of 2024, Donald Trump and Elon Musk are actively discussing cryptocurrency-related issues, and their positions are attracting the attention of the global financial industry. Here are the latest events:
1. Trump and cryptocurrencies: Donald Trump, preparing to return to the White House, has taken a pro-cryptocurrency stance. Previously criticizing Bitcoin and digital assets, he now owns cryptocurrencies worth over $5.4 million. In his campaign speech, he promised to create a presidential council to develop clearer regulations for cryptocurrencies, as well as to stop the sale of confiscated assets, such as Bitcoins, which had previously caused volatility in the market.
2. Cooperation with Coinbase: In November 2024, Trump met with Coinbase CEO Brian Armstrong. The main topic of discussion was the reform of cryptocurrency regulation, including the selection of a new SEC head, who, according to Trump, should be loyal to the crypto industry.
3. The role of Elon Musk: Elon Musk is actively involved in the crypto community, influencing it through his projects and statements. Meeting with Trump, he emphasized the importance of implementing crypto technologies and their role in the development of the global economy. Musk is known to support cryptocurrencies like Dogecoin and Bitcoin, and his comments often lead to sharp changes in their value.
4. Cryptocurrency market: Trump's victory in 2024 led to a rise in Bitcoin to $75,000, and there is a possibility of further price increases in 2025 if his promises of favorable policies for the industry are realized.
These events demonstrate the growing influence of cryptocurrencies on politics and the economy. The future will show whether figures like Trump and Musk can elevate the industry to a new level of acceptance and regulation.