Crypto’s New Banking Blitz: Trump’s Bitcoin Bonanza or Just Hot Air? 💸🔥
This audacious volte-face arrives in the wake of former President Donald Trump’s triumphant pledge to transform the United States into a “bitcoin superpower” — a phrase which might be taken more seriously if it weren’t followed by a trademark smirk and a gold-plated NFT of himself. Under his tacitly crypto-friendly watch, the regulators have shuffled aside their many rulebooks, easing the onerous mandates that previously required banks to petition the powers that be before cozying up to crypto companies. Federal guidance, as mysterious as a Downton Abbey plot twist, is anticipated sometime before the year’s end.