Trump Appoints Cryptocurrency-Friendly Officials for Key Financial Positions – BitRss

Following his presidential election victory, Donald Trump has appointed candidates for three critical government positions: the Secretary of the Treasury, the Secretary of Commerce, and the head of the Securities and Exchange Commission (SEC). These nominees are recognized for their favorable attitudes towards cryptocurrencies and their understanding of the inevitable significance of digital currencies.

DeFi and Digitalization May Accelerate in Trump’s Second Term

If these appointments are confirmed, the financial approach of the United States could undergo significant shifts. According to a report by Matrixport dated November 29, 2024, the perception of “Bitcoin $96,579 as digital gold” could evolve into a broader narrative of a “DeFi Renaissance.” Decentralized finance (D…