Trump Expands CFTC Power, Promotes Crypto in the US

President Donald Trump is expected to grant more authority to the Commodity Futures Trading Commission (CFTC) to regulate exchanges and digital assets such as Bitcoin ($BTC ) and Ethereum ($ETH ). This is a shift aimed at reducing the influence of the SEC, an agency criticized for tightening regulations on the crypto industry.

The Trump administration also aims to establish a national Bitcoin reserve fund, support blockchain businesses, and make the US a global crypto hub. Progressive figures like billionaire Elon Musk are also joining the government to realize this ambition.

Crypto-friendly policies are expected to drive strong market growth. However, investors need to be cautious, as significant volatility in the value of digital assets can lead to losses if information is not analyzed and risks are not managed carefully. Great opportunities always come with high risks!