#Trump Team Aids Crypto Industry Development#

Currently, the analysis of the Trump team's contribution to the development of the cryptocurrency industry mainly focuses on the following aspects:First, Ripple CEO Brad Garlinghouse said that since the Trump team won the election, Ripple's business in the United States has developed rapidly, including 75% of job vacancies in the United States, and the number of US agreements signed has also increased significantly. He attributed these changes to the Trump team's pro-cryptocurrency stance and called it the "Trump bull market."Second, Bitwise CEO Hunter Horsley believes that the Trump administration may unfreeze mergers and acquisitions, which will accelerate the development of the cryptocurrency industry. He believes that large companies may become larger, while medium-sized companies may shrink, which will highlight the value of cryptocurrencies, as the concept of cryptocurrencies is based on the premise of not believing that large institutions will do what is in your best interest.In addition, some analysts believe that the Trump team's policies may bring more regulatory clarity to the cryptocurrency industry, thereby promoting innovation and job growth. They believe that the Trump team's policies may reduce bureaucracy, simplify licensing procedures, and use tax credits to incentivize builders to build housing, including low-income housing.In conclusion, it is generally believed that the Trump team's policies have a positive impact on the development of the cryptocurrency industry and may drive the industry to accelerate its development. However, some people are cautious about the Trump team's policies, believing that they may lead to regulatory uncertainty and have a negative impact on the cryptocurrency industry.