Significant Token Swap
World Liberty Financial, backed by the family of newly elected U.S. President Donald Trump, made a major move on Wednesday by swapping cbBTC, Coinbase's new wrapped bitcoin, worth $10 million, for WBTC, a competing token.
Wrapped Bitcoin and the Coinbase vs. BiT Global Dispute
Wrapped Bitcoin (WBTC) allows the utilization of the largest cryptocurrency in decentralized finance (DeFi) on blockchains other than Bitcoin. Coinbase introduced its own token, cbBTC, in September and later announced plans to delist WBTC due to its stringent listing standards.
This decision led to a legal battle between Coinbase and BiT Global, the manager of WBTC. However, on Wednesday, the court ruled in favor of Coinbase, allowing the planned delisting of WBTC to proceed.
Justin Sun as a New Advisor
A key figure behind the scenes is Justin Sun, the founder of the Tron blockchain, who was named one of the most influential figures in the crypto industry in 2024. Sun has previously faced allegations of fraud and market manipulation in the U.S., which he denies.
Recently, Sun became an advisor to World Liberty Financial after investing $30 million in the platform in exchange for WLFI tokens.

World Liberty Financial's Market Activity
While the company has not explicitly explained the reasoning behind its cbBTC to WBTC swap, market data reveals significant activity in the past week. World Liberty Financial invested in tokens such as Aave (AAVE), Chainlink's LINK, and Ethena's ENA, all of which are projects linked to the company through partnerships and integrations.
Justin Sun's Connection to WBTC
Although Sun has no direct ties to WBTC, his influence is evident. In August, BitGo, the primary custodian of WBTC, announced plans to decentralize the token’s management among multiple entities, including BiT Global, a strategic partnership involving Sun's Tron ecosystem.
Board member Robert Liu noted that Sun's involvement is beneficial for WBTC due to the success of his ventures, such as the Tron blockchain and the HTX exchange.
Tron's Dominance
According to Liu, Tron commands more than 50% of the global market share and manages stablecoin assets exceeding $60 billion. This success bolsters confidence in Tron's involvement in other crypto projects like WBTC.
“People have no issues placing massive volumes of stablecoins on the Tron blockchain due to its high liquidity and stability,” Liu concluded.

#WorldLibertyFinancial , #donaldtrump , #JustinSun , #BTC☀ , #CryptoNewss

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Hope for Better Relations Between Crypto and SEC
The crypto industry is looking forward to improved relations with the SEC under the leadership of Paul Atkins. His 90-day plan aims to establish clearer regulations, reduce unnecessary lawsuits, and eliminate outdated rules. This approach could rebuild trust between the SEC and the crypto community while fostering innovation. The next three months will be critical for shaping a fairer regulatory framework.
Support for the Crypto Industry from New SEC Leadership
Paul Atkins, a well-known advocate for cryptocurrencies, could bring significant regulatory changes. This shift could lead to clearer rules and better communication between the SEC and the crypto sector.
The Digital Chamber emphasized in its statement: “The digital asset sector seeks to operate responsibly, and the SEC must recognize this to support a transparent and productive ecosystem.” The group urges the need to build mutual trust.
Criticism of the “Regulation by Enforcement” Approach
The SEC has faced criticism for relying on regulation through enforcement measures. This strategy has caused confusion and hindered innovation. The Digital Chamber calls for more transparent rules to create a fairer market environment and encourage business growth.
90-Day Plan for Crypto Reform
Token Alliance has presented a 90-day plan aimed at changing how the SEC approaches cryptocurrency regulations. Key proposals include:
Reviewing ongoing investigations, Wells notices, and lawsuits.Pausing legal actions that do not involve fraud or investor harm.Removing outdated rules, such as the Howey test for digital assets or the "Hinman Speech."Establishing clear and consistent rules to replace existing confusion.
This approach could remove barriers stifling innovation and restore investor confidence.
Addressing the Impact of SAB 121
One of the issues addressed in the plan is the Staff Accounting Bulletin 121 (SAB 121), which requires companies holding cryptocurrencies to report them as liabilities. Token Alliance warns that this rule pushes investors to foreign markets and creates unnecessary risks.
A New Approach Under Atkins
With Paul Atkins taking the reins at the SEC, a shift is expected compared to the policies of his predecessor Gary Gensler. Atkins is likely to collaborate with commissioners Hester Peirce and Mark Uyeda, who have been critical of previous regulatory measures.
Promise of Collaboration
Positive signals also come from recent discussions between the Token Alliance and commissioners Peirce and Uyeda. Both commissioners expressed interest in working with the crypto industry, which the crypto community sees as a good sign.
What Will the Coming Months Bring?
The next 90 days will determine whether the SEC can create an environment that is friendly to the cryptocurrency sector and establish a balanced regulatory framework that fosters innovation and trust.

#BTC☀ , #cryptoregulation , #SECCryptoRegulation , #donaldtrump , #CryptoNewss

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The S&P 500 witnessed its sharpest single-day decline since early 2020 following Powell’s remarks, erasing a staggering $1.8 trillion in market capitalization. This market shock comes as a harsh blow to hopes of a year-end rally, with investors digesting the Federal Reserve’s stance on interest rates. While the traditional markets are reeling, the cryptocurrency sector has shown surprising resilience under the current conditions, maintaining relatively stable levels despite widespread sell-offs.

With expectations of a “Santa Claus” rally effectively dashed, market sentiment remains fragile. Investors now eagerly await further developments, as Powell’s tone has fueled fears of prolonged economic pressure. Interestingly, political voices could enter the discussion soon, with speculations that figures like Trump may step in to challenge Powell’s approach to monetary policy. Traders should brace for heightened volatility across all asset classes as market uncertainty continues to dominate the headlines.

#donaldtrump #Powell #FedRateCut #FedRateDecisions

#donaldtrump , who came to the agenda with the DeFi platform World Liberty, triggered the sharp increases in which altcoin?
The Ethena ($ENA ) price increased by 10 percent in the last 24 hours, reaching 1.20, as the cryptocurrency owner challenged. This increase was achieved thanks to the increase in purchases by #ENA whales and the collaboration with Trump's cryptocurrency project World Liberty Financial (WLFI).

Bullish signal in Ethena (ENA)
Despite the pullback in cryptocurrencies, the ENA price increased by 10 percent today, reaching $ 1.20. Daily trading volume increased by 174 percent, exceeding $ 1 billion. Coinglass data shows that open positions increased by 20 percent to 700 million, and traders are positive towards Ethena.
Onchain data platform Spot On Chain shared data showing that crypto whales are for ENA purchase. A new cost budget bought 5.29 million tokens from Binance at an average price of $1.12.
Trump's World Liberty Financial (WLFI) project bought 231,726 ENA for 250,000 USDC just 20 minutes ago, following the announcement of a collaboration with Ethena Labs.
Donald Trump touches the popular altcoin
Ethena Labs officially announced its partnership with Trump's borders World Liberty Financial (WLFI) project in its current days. This partnership aims to increase USDe liquidity and use user rewards on WLFI's decentralized finance (DeFi) platforms.
The announcement states that a governance process can be offered that includes integrating Ethena's sUSDe synthetic dollar as the underlying collateral asset of WLFI's Aave-based lending and fault-taking platform. The development in question stands out as one that has seen a significant increase in the rise in Ethena's price.
#Bitcoin110KNext? #MarketNewHype #MarketPullback

The Worst Regulatory Environment for Crypto Is Behind Us
According to a report from JPMorgan, Donald Trump’s victory in the November presidential election signals a positive shift for the cryptocurrency market in the United States. Since his re-election, the total cryptocurrency market capitalization has surged by 65%, reflecting growing confidence in the sector.
Pro-Crypto Stance of the New Administration
The new administration not only expresses a welcoming attitude toward cryptocurrencies but has also shown an intention to support this asset class, analysts led by Kenneth Worthington noted.
Trump’s government has demonstrated a willingness to openly discuss crypto market regulation and strategies to keep future development within the United States. The report highlights that the newly elected president has already begun nominating individuals who will play key roles in shaping crypto policy and enforcement.
End of the Hostile Regulatory Environment
JPMorgan asserts that a bottom has been set, meaning the “worst regulatory environment” for cryptocurrencies is now in the past. The crypto sector is expected to become:
Safer,More transparent,More productive from a regulatory perspective.
Political Impact Will Take Time to Materialize
Despite the positive outlook, JPMorgan warns that the market may not see the political impacts for at least 9 to 12 months into Trump’s term. The report emphasizes that regulatory changes and their benefits will take time to be implemented.
The Role of the CFTC in Crypto Regulation
JPMorgan notes that Trump’s administration has yet to make a nomination for the Commodity Futures Trading Commission (CFTC) chair. This position is particularly significant as it is likely to influence the regulation of Bitcoin (BTC) and Ethereum (ETH).
More Innovation and Tokens on the Horizon
A more productive regulatory environment could lead to the following advancements:
Listing of more tokens on exchanges and broker platforms,Encouragement of new product innovations within the crypto sector.
JPMorgan’s report emphasizes that a friendlier regulatory approach could propel the cryptocurrency industry into a new era of growth and stability.

#donaldtrump , #JPMorgan , #BTC☀ , #CryptoNewss , #cryptoregulation

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

New York, December 17 2024 — A Manhattan judge has denied President-elect Donald Trump’s attempt to overturn his conviction related to falsifying business records, despite Trump’s claims of immunity based on a recent Supreme Court ruling.
Trump was convicted in May on 34 felony counts tied to a $130,000 hush money payment made to adult film actress Stormy Daniels during the closing days of the 2016 presidential campaign. Prosecutors argued that the payment aimed to silence Daniels’ claims of a past sexual encounter with Trump, which Trump has consistently denied.
The defense sought to leverage the Supreme Court’s June decision, which shields presidents from prosecution for official acts, arguing that evidence introduced during the trial—such as White House aides’ testimony and Trump’s financial disclosures—violated immunity protections. However, Judge Juan Merchan dismissed these arguments, asserting that even if some evidence pertained to Trump’s presidential duties, it did not compromise the fairness of the verdict.
Prosecution’s Position
Prosecutors emphasized that the disputed evidence was minimal and that the jury’s decision relied heavily on overwhelming proof of guilt. They maintained that Trump’s actions were personal, not official, and the conviction does not interfere with executive authority.
Future of the Case
Trump’s legal team remains adamant that the case should be dismissed, with Trump’s spokesperson calling the ruling a “direct violation” of the Constitution. The Manhattan District Attorney’s office declined to comment.
This decision comes as Trump prepares to assume office on January 20, 2025, marking a significant legal and political hurdle for the president-elect.
#BTCNewATH
#PENGUOpening
#BinanceAlpha
#donaldtrump
#Tech666
$BTC

Trump’s victory is pushing Bitcoin to new heights, but the risk of a massive collapse grows.
After Donald Trump’s election win, Bitcoin surged past $107,000, and Wall Street now sees cryptocurrencies as the new gold rush. At first glance, this might seem like a perfect scenario, but the reality is much darker.
Crypto Becomes Part of the System
Thanks to Trump’s approach, cryptocurrencies are infiltrating places where they never belonged – banks, pension funds, and financial markets. This may sound great for investors, but crypto is losing its rebellious nature. Being embraced by the system means the market faces greater risks, and if Bitcoin falls, it will be a catastrophe the world has never seen.
At the July Bitcoin conference, Trump introduced a shocking plan – a strategic national Bitcoin reserve. The goal? To accumulate $15 trillion in Bitcoin. While the idea sounds crazy, it has a real chance of happening.
Politics Over Regulation
Even before the election, Bitcoin ETFs from BlackRock and other financial giants opened the floodgates. These ETFs allow everyday investors to buy Bitcoin, making cryptocurrencies a part of traditional finance – but without proper safeguards and controls.
Meanwhile, Trump’s crypto team is working on loosening regulations. Paul Atkins, a critic of financial oversight, is Trump’s choice to lead the SEC. Under his leadership, the crypto industry would face less scrutiny. Additionally, Congress plans to shift oversight of cryptocurrencies to the CFTC, a less-funded and less-experienced regulator. This will create regulatory chaos, something the industry welcomes.
Consumer Protections Under Threat
Trump’s allies are also targeting the CFPB – the agency that protects consumers from financial fraud. Marc Andreessen and Elon Musk have both called for its elimination, paving the way for crypto platforms to operate without restrictions. If this happens, situations like the collapse of fintech company Synapse, which left tens of thousands of users stranded, will become more frequent and severe.
Banks and Pension Funds Are Playing with Fire
During the 2022 crypto crash, banks and pension funds were relatively insulated. This time will be different. The approval of Bitcoin ETFs has led banks and pension managers to include cryptocurrencies in their portfolios.
If Trump dismantles SEC protections and allows banks full exposure to crypto, the financial system will become extremely vulnerable. Trump’s World Liberty Financial platform, which is already making massive crypto acquisitions, further heightens the risk.
Endgame: A Collapse Is Inevitable
History repeats itself. FTX founder Sam Bankman-Fried promised self-regulation and innovation before his platform exploded, evaporating billions overnight. The crypto industry hasn’t changed – it’s still lobbying against regulations and now has Trump in its corner.
Every bull run ends with a collapse. The difference is that this time, Bitcoin is too big to fail. If crypto crashes under Trump’s leadership, it won’t just hurt small investors – it will impact global economies, banks, and pension funds.
As Trump takes office, the countdown begins. And the end could be worse than anyone imagines.

#donaldtrump , #Debate2024 , #Cryptocurrencies , #BTC☀ , #CryptoNewss

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The post FED Rate Cut Expectations: 96% Chance of a 25 Basis Points Cut Today appeared first on Coinpedia Fintech News
The US Federal Reserve is set to hold its final meeting for the year 2024 today. It is expected that the US Fed will make some important announcements after the meeting. There is a high chance of the announcement of a 25 basis points interest rate cut. Let’s examine the scenario. 
US Fed Expected to Cut Rates Again 
According to Kalshi, there is at least a 96% probability that the Federal Reserve will announce a 25 basis points rate cut today. 
This year, the US Fed has already executed at least two rate cuts. Once the new rate cut is implemented, the total rate cuts of 2024 will reach as high as 100 basis points.
US Inflation Metrics Back on the Rise 
Inflation pressure has risen sharply in the last couple of months. This adds complexity to the Federal Reserve’s attempt to stabilise the economy.  
At the start of this year, the US CPI Index was as low as 308.417 Points. In April, it rose to 313.55 points. In October, it touched the yearly peak of 315.66 Points. However, in November, it slightly dropped to 315.49 Points.
In January, 2024, the US Producer Prices index was at 142.683 Points. In June, it reached 144.834 Points. Since June, it has grown consistently. In November, it touched a yearly peak of 146.493 Points.
At the beginning of the year, the US Personal Consumption Expenditure Price index was around 122.115 Points. In April, it touched a peak of 123.234 Points. Since June, it has surged steadily. In September, it was at 123.931 Points. In October, it climbed to a monthly peak of 124.266 Points. 
US Labour Market Challenges 
It was the deteriorating situation in the US job market that primarily prompted the policymakers to consider the rate cut option. Though initially the job market witnessed certain improvements, recently it began weakening. 
The US Initial Jobless Claims index was 224K on November 30. In the first week of December, it rebounded to 242K – the level it was at least 8 weeks earlier. 
On November 23, the US Continuing Jobless Claims index was at 1.87K Thousand. On November 30, it surged to 1.89K Thousand.
What to Expect for 2025
It is important to understand the outlook of the US Federal Reserve for the year 2025. The US is going to see a new government assuming the White House in late January next year. Data indicates that the primary challenge for the upcoming government will be balancing inflation control with economic growth. $BTC $SOL

#donaldtrump #BTC☀️ #Topcripto #newsusa

Trump’s victory is pushing Bitcoin to new heights, but the risk of a massive collapse grows.
After Donald Trump’s election win,$BTC in surged past $105,000, and Wall Street now sees cryptocurrencies as the new gold rush. At first glance, this might seem like a perfect scenario, but the reality is much darker.
Crypto Becomes Part of the System
Thanks to Trump’s approach, cryptocurrencies are infiltrating places where they never belonged – banks, pension funds, and financial markets. This may sound great for investors, but crypto is losing its rebellious nature. Being embraced by the system means the market faces greater risks, and if Bitcoin falls, it will be a catastrophe the world has never seen.
At the July Bitcoin conference, Trump introduced a shocking plan – a strategic national Bitcoin reserve. The goal? To accumulate $15 trillion in Bitcoin. While the idea sounds crazy, it has a real chance of happening.
Politics Over Regulation
Even before the election, Bitcoin ETFs from BlackRock and other financial giants opened the floodgates. These ETFs allow everyday investors to buy Bitcoin, making cryptocurrencies a part of traditional finance – but without proper safeguards and controls.
Meanwhile, Trump’s crypto team is working on loosening regulations. Paul Atkins, a critic of financial oversight, is Trump’s choice to lead the SEC. Under his leadership, the crypto industry would face less scrutiny. Additionally, Congress plans to shift oversight of cryptocurrencies to the CFTC, a less-funded and less-experienced regulator. This will create regulatory chaos, something the industry welcomes.
Consumer Protections Under Threat
Trump’s allies are also targeting the CFPB – the agency that protects consumers from financial fraud. Marc Andreessen and Elon Musk have both called for its elimination, paving the way for crypto platforms to operate without restrictions. If this happens, situations like the collapse of fintech company Synapse, which left tens of thousands of users stranded, will become more frequent and severe.
Banks and Pension Funds Are Playing with Fire
During the 2022 crypto crash, banks and pension funds were relatively insulated. This time will be different. The approval of Bitcoin ETFs has led banks and pension managers to include cryptocurrencies in their portfolios.
If Trump dismantles SEC protections and allows banks full exposure to crypto, the financial system will become extremely vulnerable. Trump’s World Liberty Financial platform, which is already making massive crypto acquisitions, further heightens the risk.
Endgame: A Collapse Is Inevitable
History repeats itself. FTX founder Sam Bankman-Fried promised self-regulation and innovation before his platform exploded, evaporating billions overnight. The crypto industry hasn’t changed – it’s still lobbying against regulations and now has Trump in its corner.
Every bull run ends with a collapse. The difference is that this time, Bitcoin is too big to fail. If crypto crashes under Trump’s leadership, it won’t just hurt small investors – it will impact global economies, banks, and pension funds.
As Trump takes office, the countdown begins. And the end could be worse than anyone imagines.
#donaldtrump , #Debate2024 s , #BTC☀️ , #CryptocurrencyNews
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World Liberty Financial, which Donald Trump announced in the summer, has started to make some crypto purchases since November 30. The project, which has been focusing more on LINK and AAVE in recent days, expanded its portfolio even more over the weekend. The movements of World Liberty, which made $ENA and #ONDO purchases, have now started to be closely followed by the cryptocurrency market.
Trump effect is seen
World Liberty Financial made a total of 45 million purchases in about 15 days. In fact, these purchases are quite small villages to start a movement, but the fact that Donald Trump is behind the entry increases the "multipliers" quite a lot.
Both rose
The support of the Ethena (ENA) supply made at the end of the week was a small investment, but its effect was great. When the project came to ENA 500 thousand times, the increase exceeded 20%. ENA, which was traded below 1 dollar before the purchase, has now exceeded 1.20 dollars... ONDO, where 250 thousand people bought from the Trump project last night, also rose by more than 15% in the last 24 hours.
6 crypto purchases in 15 days…
World Liberty Financial, which triggered the AAVE and LINK increases last week, has paid $44.75 million in total for 6 points since November 30.
World Liberty Financial’s purchases and purchases are as follows:
Paid 8,105 ETH for $30 million (Average: $3,701)
Paid 102.9 cbBTC for $10 million (Average: $97,181)
Paid 78,387 LINK for $2 million (Average: $25.5)
Paid 6,137 AAVE for $2 million (Average: $325)
Paid 509,955 ENA for $500,000 (Average: $0.98)
Paid 134,216 ONDO for $250 million (Average: $1.8)
#WLFI #BTCNewATH #MarketNewHype #donaldtrump

The cryptocurrency world is buzzing right now, and meme coins like Shiba Inu (SHIB) are back in the spotlight. Donald Trump’s recent victory, combined with Elon Musk’s influence, has created a wave of excitement in the market. As Trump prepares to take office, many are wondering how these events could impact Shiba Inu’s price.
$SHIB $BTC $DOGE

What’s Happening?

Trump’s return to power has already sparked optimism in the financial world. Meanwhile, Elon Musk, a known supporter of Dogecoin (DOGE), is now working closely with Trump. This unexpected duo has investors excited about the potential for meme coins to make a major comeback.

While Dogecoin is often Musk’s favorite, Shiba Inu is riding the same wave of enthusiasm. The SHIB community is betting big on a price surge, especially as these two powerful figures shake up the market.

Why Could Shiba Inu Surge?

1. Increased Hype and Attention:
Both Trump and Musk have massive followings, and their influence tends to drive attention—and money—toward certain investments. This could bring new interest to Shiba Inu and other meme coins.

2. SHIB’s Growing Ecosystem:
Shiba Inu has been working hard to evolve beyond being “just a meme coin.” The launch of its layer-2 blockchain, Shibarium, and other projects have added real utility to SHIB. If these developments gain traction, they could support its price growth.

3. Musk’s Push for Crypto Adoption:
Elon Musk has already integrated Dogecoin into platforms like X (formerly Twitter). If Shiba Inu gets similar support, it could see broader use and a boost in value.

How High Could SHIB Go?

Predicting the exact price is tricky, but history shows that meme coins can skyrocket during times of hype. If Trump’s presidency and Musk’s involvement continue to generate buzz, SHIB’s price could rise significantly.

However, it’s important to remember that meme coins are highly volatile. While the potential for gains is exciting, the risks are just as high.

What’s Next?

Shiba Inu’s future depends on a mix of factors, including market conditions, how well its ecosystem grows, and how much attention Trump and Musk bring to meme coins. The next few months will be crucial in determining whether SHIB hits new highs or settles back into its usual patterns.

For now, all eyes are on Trump’s inauguration and the potential ripple effects across the crypto market. One thing is clear: Shiba Inu isn’t just a joke anymore—it’s a coin with serious potential in the right conditions.

What do you think? Will Shiba Inu skyrocket, or is this just another short-term hype cycle? Share your thoughts!Here’s a Binance-related post with popular hashtags you can use:
Post Content:
"Shiba Inu is heating up! With Trump’s return and Elon Musk’s influence, the crypto world is buzzing. Can SHIB ride the wave and hit new highs? 🚀💰 Don’t miss out on this potential meme coin rally!

#Binance #ShibaInu #SHIB #Crypto #donaldtrump

Cryptocurrencies as Part of Economic Reforms
President Javier Milei has made cryptocurrencies a central component of his broader economic reform strategy in his second year in office. Known for his libertarian views and criticism of central banks, Milei aims to introduce freedom in the use of digital currencies like Bitcoin alongside traditional fiat currencies.
Currency Freedom and Reducing Central Bank Influence
Milei plans to abolish long-standing currency exchange restrictions, allowing citizens to transact freely in any currency, including cryptocurrencies. This move aims to stabilize Argentina's economy, combat inflation, and align with global financial standards.
While crypto transactions will be permitted, tax payments will remain denominated in Argentine pesos. The president emphasized the importance of free competition among currencies, offering citizens the freedom of choice and fostering economic growth.
Supporting Bitcoin Adoption
Argentina is already a global leader in cryptocurrency adoption due to its high inflation and the peso's unreliability as a store of value. Milei’s policies, including support for contracts denominated in cryptocurrencies, further bolster the adoption of digital assets.
The president has previously praised Bitcoin’s decentralized nature as a tool to combat inflation, drawing inspiration from El Salvador, where Bitcoin has been recognized as legal tender. Unlike El Salvador, however, Milei’s approach allows citizens the choice to use cryptocurrencies without mandating their adoption.
Argentina’s Crypto Leadership
Thanks to its low energy costs, Argentina has become a hub for Bitcoin mining and ranks among the top countries for cryptocurrency adoption. In 2024, it was ranked 15th in the Chainalysis Crypto Adoption Index globally and 4th in Latin America.
Challenges and Criticism
Despite progress, Milei’s administration has faced criticism over regulatory measures that could hinder the growth of the crypto sector. Recent laws tightening oversight of virtual asset service providers have sparked opposition from crypto advocates. Nevertheless, Milei remains committed to fostering a crypto-friendly environment, aiming to attract foreign investment and drive broader economic reforms.
Impact on the International Stage
Milei’s pro-crypto stance could inspire other nations, including the United States, where the upcoming administration of Donald Trump is expected to support the growth of the cryptocurrency industry. This trend highlights the increasing global significance of cryptocurrencies as part of modern economies.

#BTC☀ , #donaldtrump , #Argentina , #CryptoNewss , #Cryptocurrencies

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“