CoinVoice recently learned that Matrixport released a report saying that US President-elect Trump has nominated three key cabinet ministers, who will head the US Treasury, Commerce and Securities and Exchange Commission (SEC) respectively. These candidates are generally considered to be friendly to cryptocurrencies and are aware of the inevitability of digital assets in the modern financial system. Their nominations are expected to promote the further integration of cryptocurrencies into the US economy.
Ironically, the United States could be a beneficiary of MiCA. During Trump’s second term, his team of pro-crypto ministers is expected to focus on integrating cryptocurrencies into the U.S. economy to drive technological innovation and economic growth. The debate in the U.S. has moved beyond establishing a regulatory framework to fully accepting cryptocurrencies as a driver of economic opportunity and technological advancement. It is increasingly likely that the United States will establish a strategic Bitcoin reserve. However, the United States may not actively purchase Bitcoin, but instead retain its existing Bitcoin holdings indefinitely.
If the above nomination becomes a reality, Bitcoin as digital gold may evolve into the revival of decentralized finance (DeFi), and the digitization of the US financial economy may make cryptocurrency applications the biggest winner of this election. This shift may also force other national and regional governments to accept cryptocurrency and accelerate its global adoption. In the scenario of the revival of decentralized finance (DeFi), Ethereum may catch up. [Original link]
