Amir Daftari is a Newsweek journalist in London, specialized in global issues by emphasizing the Middle East. He joined Newsweek in 2024 from the United Nations and has already worked at CNN International. Graduate of the London School of Economics, AMIR won several awards for its reports, adding its Arab spring policy and the Iranian elections of 2021. You can contact Amir when sending an email to a. daftari@newsweek. com. Languages: English and Farsi
Based on the facts, it was observed and verified first through the journalist, or informed and verified of competent sources.
On Friday, Bitcoin is worth exceeding $ 100,000, motivated through optimism in the cryptocurrency sector in a possible early share through Donald Trump, who the US president next week.
Trump, previously skeptical vocal of virtual currencies, followed the sector, committing to identify the United States as a world leader in cryptocurrency innovation.
His promises from the crusade come with the promulgation of user friendly regulations, creating a strategic reserve of American bitcoin and designating a cryptographic “tsar” to direct those efforts.
Bitcoin, created in 2009, went from niche assets to a monetary instrument. Its construction of $ 100,000 highlights anticipation through the market for favorable policies under Trump, which was surrounded by cryptography defenders in key regulatory roles.
This replacement can simply mark a transformative era for the regulation and adoption of cryptocurrencies in the United States, in specific after many industry actors have restrictive policies within the framework of the Biden administration.
Bitcoin jumped around 5% on Friday, achieving $ 104,000, depending on Coindesk. The cryptocurrency in summary had fallen to $ 90,000 in the week, but recovered in the midst of developing enthusiasm for Trump’s ringes. Two years ago, Bitcoin exchanged $ 20,000, highlighting its impressive increase.
Trump is committed to a “Bitcoin strategic reserve” as a national asset. The lawyers have proposed an executive decree that would order the Treasury branch that maintains at least $ 21 billion in Bitcoin, diversifying federal reserves.
Critics argue that Bitcoin’s volatility does so next to the reserve, but supporters think this will legitimize cryptocurrency.
Trump plans to create a special advisory council in its first hundred days to identify transparent regulations for the industry. David Sacks, a risk capital, appointed Crypto “Tsar”, while Bo Hines will lead the Presidential Council for Virtual Assets advisors. Paul Atkins, Paul Atkins, is a long -standing defender for virtual currencies.
Cryptography defenders, who felt directed through the application of the Biden era, strongly supported the Trump campaign. Peter Van Valkenburgh of the Defense Organization of the Coin Center predicted a “change of tone” in the dry, in contrast to the competitive surveillance of outgoing president Gary Gensler.
Trump is confident that Bitcoin lovers last year, informing a quarter of the regulation: “You will be very satisfied with me. “
Zack Shapiro of Bitcoin Policy Institute said: “The Bitcoin strategic reserve will be valid bitcoin for skeptics. “
While Trump will assume the position, Cryptographic defenders anticipate immediate measures on their promises, in the specific creation of a strategic Bitcoin reserve and the creation of proindustrial regulations.
These advances can obtain Bitcoin and shape the long cryptocurrency career in the United States.
This article informs Associated Press.
Amir Daftari is a Newsweek journalist in London, specialized in global issues by emphasizing the Middle East. He joined Newsweek in 2024 from the United Nations and has already worked at CNN International. Graduate of the London School of Economics, AMIR won several awards for its reports, adding its Arab spring policy and the Iranian elections of 2021. You can contact Amir when sending an email to a. daftari@newsweek. com. Languages: English and Farsi
Amir Daftari is a Newsweek journalist in London, specialized in global issues by emphasizing the Middle East. He joined Newsweek in 2024 from the United Nations and has already worked at CNN International. Graduate of the London School of Economics, AMIR won several awards for its reports, adding its Arab spring policy and the Iranian elections of 2021. You can contact Amir when sending an email to a. daftari@newsweek. com. Languages: English and Farsi