Donald Trump’s new Bible is all that industry wants at all

White House He has Set To enter the “New American Golden Age”, with an encrypted currency in its center.

in Report 160 pages It was published on Wednesday, White House representatives have identified a series of recommendations to federal government officials as they started building a legal framework and regulatory rules for companies dealing with encryption assets in the United States.

If it is placed under implementation by legislators and organizers, the recommendations will effectively make the encryption industry – which He spent hundreds of millions of dollars Impact on Congress races for 2024 – everything he was calling for during the Biden administration.

Among other elements, the White House recommends that Congress enacted laws that resolve Long -term discussion On the classification of encryption assets and the incubation of a concept The decentralized financing; Financial observers use safe ports and regulatory sandcurns in the meantime “to allow innovative financial products to reach consumers without bureaucratic delay”; And the organizers allow banks to deal with the assets of encryption and prevention More alleged discrimination Against encryption work.

“Digital assets and Blockchain technologies cannot occur a revolution not only in the American financial system, but property and governance systems at the level of economics”, the report claims. “American entrepreneurs who have pioneering new industries that use these technologies deserve all clarity in policies that affect their efforts and praise the progress they made.”

The report – description as “Organizational BibleBy the leader of the digital room, it was collected by the working group by the working group It was created by Trump Soon after his return to the White House in January. Among its members are Crypto White House and AI CZAR DAVID SACKS, which is owned by VC Invested in multiple encryption companiesAnd Trade Secretary Howard Lootnik, who led to the position led the Cantor Fitzgerald Financial Foundation, who serves the world’s largest provider in the world, Tether.

Many of the work group recommendations are already placed in the work. In mid -July, and ClarityAnd it is legislation that would put a classification of the principles of encryption and the division of the regulatory judicial jurisdiction between the Securities and Stock Exchange Committee and the Futures Trading Committee for Basic Commodities, in the House of Representatives. In the same week, Donald Trump fell separately, A draft law focuses on stablecoin in law.

“A few years ago, Crypto’s youth was not great in playing the pressure game,” says Charlie Cooper, COO at Crypto Ava Labs and COO. But in Donald Trump, he says, “The encryption industry witnessed an ally. Although a late turning into an encryption, as soon as he got there, the door was open.”

The working group directly informs it, which is the frequency of prominent claims in the encryption circles that the Biden administration sought to crush the industry through the “” “campaign” “Enforcement“Even borrowing terms – like ChokePoint 2.0– That the industry identified to describe the alleged discrimination that he suffered from.

“The Biden administration’s approach to encryption was marked by the organizational defeat that faced the American tradition of adopting new technologies,” the report claims. “President Trump’s election was an end to this error. It was the difficult America’s thorn – the end of one series of bad policy decisions in favor of a better and better approach.”