According to Dmitry Radin, founder of Zekret and CTO of cryptocurrency regulatory and infrastructure firm Fideum, the likelihood of memcoin-based ETFs being approved has increased under new acting SEC Chairman Mark Wiede
, Cointelegraph reported on January 21. The likelihood of approval for memcoin-based ETFs has increased
President Trump's new
#cryptocurrency pick at the SEC has increased the likelihood of approval for the TRUMP, BONK and DOGE ETFs, he told COINTELEGRAPH. "This is a bold move that can increase Mimcoin's liquidity and gain public acceptance, he said.
Kathy Wood will not invest in Trump's coins, sticking with the Big Three
The CEO and chief investment officer of
#ARK Invest, Inc. CIO) believes Trump will lead the next phase of the cryptocurrency revolution.
In an interview with Bloomberg on Jan. 22, Wood said of the Trump token, which was launched shortly before he became the 47th president of the U. S. "The utility of (TRUMP) will not be (omitted) One of the benefits of owning this coin is the assumption that you will be able to meet President Trump. We don't know if that's true, but so far we don't know what the usefulness of this coin is, other than it's President Trump's own MIMCOIN.
She compared the current wave of mimcoins to the Initial Coin Offering movement in 2017.
The Trump family may expand its involvement in the cryptocurrency industry by launching an Ethereum-based business.
This speculation comes after the release of several Trump-branded memcoins and the inauguration of Donald Trump as the 47th president of the United States on January 20.
Joseph Rubin, co-founder of
#Ethereum and founder of Consensys, in an X post hinting at such a development.
January 21 as far as I know, the Trump family will build more than one huge business on Ethereum, Rubin wrote. The Trump administration will do what is good for the U. S. , and that will include ETH.
a U. S. court has lifted sanctions against Tornado Cash, a mixed cryptocurrency protocol.
the U. S.
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