Donald Trump’s pre-election promises to mitigate the regulatory regime for the crypto industry in the United States may be a deception. Such conclusions were shared by the founder of Skybridge Capital and a former member of the presidential administration Anthony Scaramucci with Benzinga.
He emphasized that the optimism and hopes of the crypto community regarding the change of power in the United States with a high probability will lead to disappointment.
The launch of the Trump Mem-Coin on the eve of the inauguration is one of the signs that Trump “does not pay enough attention to the needs of the crypto industry,” Scaramucci believes.
However, the expert called the unpredictability of the president’s actions the main negative factor for the market:
Scaramucci expressed concern with a “whim” with the introduction of increased trade duties for goods from Canada, Mexico and the USA, and also indicated Trump’s tendency to change his decisions, guided by personal benefit.
Despite the voiced fears, Scaramucci is convinced that the American crypto industry will nevertheless receive the desired friendly regulations. However, in his opinion, this will not be the result of support from the administration of Trump, but by the consequence of “work on mistakes” in the camp of democrats who lost the elections because of their attitude to the crypto community.
Recall, on February 3, against the backdrop of Trump’s statements about the possible expansion of the scale of trading wars, the capitalization of crypto -nunk fell by 11.7%.
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Source: Cryptocurrency

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