Trump Dey Defend CZ Pardon, Promise Say US Go Be Global Crypto Capital
For one ‘60 Minutes’ interview, former President Donald Trump talk say e still wan make US be di world number one crypto hub. E talk about exec order to set up Digital Asset Policy Task Force and Strategic Bitcoin Reserve, plus e overturn some SEC enforcement against big exchanges like Coinbase, Gemini, OpenSea and Uniswap. Trump defend say e pardon Binance co-founder Changpeng Zhao—wey don admit say e break Bank Secrecy Act—call am “Biden witch hunt.” E mention say Trump family Bitcoin mining and meme-coin business don knack over $1 billion profit. Trump no gree make people talk say corruption dey inside Trump-linked USD1 stablecoin and Binance.US talks, say na all lie. These moves plus the big pardon show say government don start to support crypto sector again and e don raise eye for Senator Warren and Representative Nadler.
Bullish
Trump exec order wey dem give for Digital Asset Policy Task Force and Strategic Bitcoin Reserve, plus how dem dey roll back SEC actions and pardon Binance's CZ, dey reduce regulatory wahala and e show say government gatz support Bitcoin well well. For short term, BTC fit see price rally because of positive vibes; for long term, better policy framework plus possible institutional demand from US Bitcoin reserve go fit push steady growth.