Paxos CEO: Trump's reelection could bring a "golden age of cryptocurrency."

2024-11-08 19:58:49

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ChainCatcher news, according to Fortune, at the Singapore FinTech Festival, Paxos CEO and co-founder Charles Cascarilla stated that Trump's re-election could bring about a "golden age of cryptocurrency." He noted that Trump's campaign has a clear crypto theme, and the new government is expected to unleash long-standing demand, transforming the U.S. from a laggard into an industry leader.

Crypto.com President Eric Anziani believes that the U.S. has begun to shift towards a more crypto-friendly stance, with the SEC's approval of Bitcoin and Ethereum ETFs earlier this year being a clear signal.

Binance CEO Richard Teng also pointed out that the launch of Bitcoin ETFs in markets like Hong Kong, Australia, and Ghana indicates that global regulators are starting to view cryptocurrencies as mainstream assets.

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