Trump wants to do many things but in the USA, the President does not have full power to do everything he wants. Trump can try to appoint people who are loyal with him and MAGA, but there are opposite politicians and other potitical schemes under their good national Democracy, to control Trump and his administrative team.

Under his Presidency next four years, he will be able to do something, but will fail to do other things including more friendly policies on Bitcoin, cryptocurrency and blockchain industry. Having a cryptocurrency-friendly President is good, but not enough and it won't automatically help the USA opening all its gates for this industry.

The Republicans has the majority seat in the Congress, although the lead is not that big, but still though, he has influence in the new Congress so I think that is a sign that there will be support of his MAGA as they have the control.


Maybe it's not his priority for now to talk about Bitcoin and crypto reforms, although he has form a group already. So it's really too early to say that it won't be enough, he even hadn't had his customary 100 days in the office, so who knows, maybe after the priorities, he or the working group will have recommendations to Trump specially on the Bitcoin narratives.

Sounds like more regulations, more rules, more strictness to me. Will it help? That idrk. Bitcoin wants to generally be free tbf, so I don't think it'd help in that aspect but it does seem like it'd help in making other people trust it. Bitcoin was associated with scams for the past decade that your average person would probably hear that and only that and nothing else, stopping them from actually buying it. With the SEC providing them with this basically telling them they got their backs, I reckon we'd have more people entering the market if it was implemented well that is.

And possibly stop scam coins (e.g. influencer coins) from being made again. Granted anyone who got scammed by influencer coins I reckon deserved it. Or at least partly.

Specifically Bitcoin is decentralized and regulations doesn't concern it so far as peer to peer transactions are concerned. But Bitcoin adoption is skyrocketing massively and it's going beyond p2p transactions, centralized exchanges have become a part of us for peace of mind in our transactions so we can't shy away from government regulations. As you noted, their regulations are basically for exchanges, wallets, banks and other platforms that facilitates crypto transactions. Perhaps also to find a way to regulate the rate at which scammers flood shitcoins into the crypto space. We have to be hopeful that whatever regulations that they comes up with will be favorable to the crypto community.