Trump May Lead the Cryptocurrency Market into a New Era: Yusko Discusses Future Trends

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Mark Yusko, founder of Morgan Creek Capital Management, recently revealed that Donald Trump and his son Eric are actively acquiring Bitcoin (BTC), Ripple (XRP), and Hedera (HBAR), stating that these investments could make Trump a pioneer in the approval of cryptocurrency ETFs. Yusko also mentioned that the U.S. government might waive capital gains tax on cryptocurrencies, a policy change that could reshape the market landscape.

Trump's cryptocurrency policy is closely tied to his political agenda, and Yusko is optimistic about the shift in the U.S. leadership's attitude toward digital currencies. He pointed out that the new leadership of the U.S. Securities and Exchange Commission (SEC) supporting cryptocurrencies could accelerate the growth of the industry and bring more regulatory transparency and innovation.

However, rumors about XRP and HBAR becoming part of the U.S. national cryptocurrency reserves have been denied by Cardano founder Charles Hoskinson. He believes that Bitcoin is the only competitor worth considering, and the strategic reserve status of other currencies is merely misleading information.

Despite differing opinions, Yusko still believes that Trump's cryptocurrency initiatives and the strategies of other global leaders will enhance national economic and technological strength, driving the global competitiveness of cryptocurrencies.

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