Donald Trump is making significant changes to the country's cryptocurrency policy. He plans to declare cryptocurrencies a national priority and is considering signing an executive order to support this initiative.
The Trump administration is also adopting a more crypto-friendly approach. For example, the U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Coinbase, and memecoins have been declared not to be securities. Additionally, Trump has introduced a cryptocurrency under his name, $TRUMP. At its launch, 200 million tokens were issued, with plans to increase the total supply to 1 billion over the next three years.
Trump's interest in cryptocurrencies is also reflected in his personal investments. Reports suggest that his crypto portfolio, including holdings in $TRUMP tokens, is valued at a minimum of $50 billion.
These moves aim to strengthen the U.S.'s leadership in the cryptocurrency sector and establish the country as a global hub for digital assets.
