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Trump Pledges to Boost Crypto at Blockchain Association Gala

Trump Pledges to Boost Crypto at Blockchain Association Gala

AltcoinbuzzAltcoinbuzz2024/12/19 17:01
By:By Victor -Victor -

President-elect Trump’s surprise visit to the Blockchain Gala thrilled attendees.

The appearance signaled a potential shift in Washington’s stance on cryptocurrency.

Trump pledged to support the crypto industry’s growth and innovation in the United States. Here are the 4 topics that Trump and the association talked about:

1) A New Chapter for Crypto Policy

Addressing the crowd, Trump pledged to back the Blockchain Association’s push for comprehensive U.S. crypto legislation. “The next 100 days will be critical,” the association said. This emphasizes the need for clear, actionable policies that promote innovation while ensuring security. With bipartisan discussions heating up, Trump’s support could be the tipping point for long-awaited regulatory clarity.

2) Legitimizing Crypto Through Real Use Cases

Trump spotlighted tangible use cases like Decentralized Physical Infrastructure Networks ( DePIN ). This made them a key priority for his administration. DePIN projects demonstrate how blockchain technology can power decentralized services. From energy grids to supply chains, proving its value beyond speculation.

🇺🇸 BREAKING: President-Elect @realDonaldTrump
makes a surprise appearance at @BlockchainAssn ’s Annual Member Gala.

Key Messages to members and @iotex_io team:
-Policy support for @BlockchainAssn ‘s effort for USA crypto legislation(The next 100 days will be critical);
-Real… https://t.co/q4pCPdqnrZ

— IoTeX (@iotex_io) December 17, 2024

3) Bitcoin and Crypto Thrive Under Trump’s Watch

Reaffirming his commitment to making America a leader in technology, Trump vowed to ensure that Bitcoin not only survives. The president-elect sees cryptocurrency as a cornerstone of the future U.S. economy. It promises a regulatory environment that fosters innovation and protects investors.

4) A Promising Future for U.S. Blockchain Leadership

The Blockchain Association welcomed Trump’s endorsement, with members expressing optimism about what lies ahead. IoTeX , a leader in the DePIN space, received particular praise for showcasing blockchain’s real-world potential. Legislative action is on the horizon, backed by the incoming administration. The industry appears ready for a breakout moment.

As Trump wrapped up his remarks, he left the crowd with a rallying cry: “The future is built on bold ideas, and blockchain is one of the boldest. Let’s make sure it’s built right here in the USA.”

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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