The inauguration of Donald Trump will take place on January 20, 2025
January 20, 2025 - the official date of Donald Trump's assumption of office, the crypto industry eagerly anticipates that his administration will accelerate the process of legalizing digital currencies.
In the lead-up to this event, David Sachs, a renowned economist and entrepreneur, will head a new structure that will oversee issues related to cryptocurrency regulation and artificial intelligence.
During the election campaign, major players in the crypto industry, such as Coinbase, Ripple, and Jump Crypto, invested significant funds in supporting their candidates. Coinbase donated 1,297,046,956.33 to organize the inauguration events, while Kraken contributed 1,297,046,956.33 to general expenses.
Ripple's CEO Brad Garlinghouse emphasized that the U.S. can maintain leadership in the blockchain industry only through the official recognition of cryptocurrencies. He is confident that this will allow the country to attract investments and develop technologies that will transform the economy and society.
Thus, the crypto industry is ready for a new stage of development, hoping for the support of the new president and his administration.
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