In 2024, Donald Trump re-entered the political arena with a renewed set of promises, including, surprisingly, a prominent focus on cryptocurrency. While some political leaders struggle to understand how blockchain works, Trump seems to have realized that the topic is relevant to voters and has tried to use it to his advantage.

Strict control of the crypto market

This year, Trump stated loud and clear: cryptocurrencies need strict control, and if someone thinks otherwise, they should reconsider their views. He promised that his administration would work on creating strict rules to protect investors from fraud and money laundering. According to Trump's plan, the Securities and Exchange Commission (SEC) will gain more authority, and any suspicious ICOs and new tokens will be closely scrutinized, like a guest arriving at a New Year's dinner empty-handed.

The dollar above all

Trump is also concerned about protecting the dollar from competition with foreign digital currencies, such as the digital yuan. He has hinted several times that the U.S. must maintain its economic dominance and has proposed measures to protect the national currency. While he has not ruled out the possibility of creating a digital dollar, this will only happen if a real threat to the economy looms on the horizon. So, dreams of a digital dollar may remain just that for the near future.

Blockchain to assist the government

Trump suggested viewing blockchain not as a threat, but as a technology that can help govern the state. Among his ideas is to use blockchain in government structures to increase transparency, reduce bureaucracy, and of course, combat corruption. If Trump's proposal ever comes to fruition, we could see blockchain, for example, in electronic registries and during elections—imagine how many contentious issues that could resolve!

Attracting crypto entrepreneurs

As always, Trump remains a businessman at heart. His plans are to create conditions in which companies dealing with cryptocurrencies and blockchain will want to register in the U.S. He proposed tax incentives and other stimuli for industry development, essentially stating that tech startups are the future of the American economy, provided they are willing to comply with the law.

Fighting dubious projects

To avoid the emergence of 'scam projects' in the market, Trump promised to establish strict rules for launching new cryptocurrencies and ICOs. He believes that projects must prove their viability before gaining access to private investors' money. Therefore, if someone plans to release a new token, they will have to go through all the circles of 'regulatory hell.'

So, what should crypto investors expect?

Will the Trump administration really promote these ideas? That's still in question. However, if at least half of these promises start to materialize, the cryptocurrency market could change significantly. Perhaps for crypto enthusiasts, 2025 will be a year of interesting but cautious decisions.