The Trump administration could push for major changes in the cryptocurrency industry
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Morgan Creek Capital’s Mark Yusko revealed in a recent interview the Trump family’s active investment attitude toward cryptocurrencies, including potential big bets on assets such as Bitcoin (BTC), Hedera (HBAR), and XRP. scale investment. These remarks not only sparked discussion about the future of the market, but also highlighted the profound impact that may have on U.S. cryptocurrency policy.
Trump’s potential support for cryptocurrencies
Investment layout
Trump and his family are said to be actively investing in crypto-assets such as BTC, HBAR and XRP, which are expected to be included in ETFs in the future.
If capital gains tax is exempted from crypto-assets, it will significantly increase market liquidity and attract a large amount of institutional investment.
policy commitments
Trump has publicly pledged to fire current SEC Chairman Gary Gensler, a move that could ease the SEC’s tough regulation of the crypto industry.
Consideration of the release of Bitcoin pioneer Ross Ulbricht, as well as the creation of a Bitcoin Strategic Reserve, show potential support for the cryptocurrency.
Promoted by technological innovation
Yusko believes this marks a gradual increase in the dominance of technology billionaires over the future. Trump is taking a page from the experience of other global leaders and putting technologists at the heart of policymaking.
What Yusko says about crypto assets
Despite market optimism for assets like XRP, Yusko expressed caution. He believes:
XRP and Cardano are underdeveloped
Compared to Circle’s U.S. dollar-backed stablecoins, Yusko believes that XRP and ADA have limited innovation and cannot continue to drive industry development based on high market capitalization alone.
The potential of HBAR
Yusko is more optimistic about Hedera (HBAR) due to its wide range of practical applications in enterprise blockchain solutions, especially its advantages in enterprise-level decentralized networks.
Possible shifts in U.S. cryptocurrency regulation
Yusko also mentioned that the United States may usher in an encryption-friendly regulatory environment after the change of leadership:
New SEC chief is crypto-friendly
The addition of key leaders such as Scott Bessent could push for more open policies.
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