#BTC | Today was just like that… I managed to watch part of the White House summit, and I can say it was a VERY predictable event. The first 50 minutes were basically a festival of thanks to Trump; it even felt like they were handing him an Oscar. I confess, I was a bit confused!

Then, they finally got into the topic of regulation. The big news? They are going to regulate! But hold on, don’t get too excited… because that was really all there was. No timelines, no concrete details. They just said that the previous government made everything difficult, and that now things will move forward.

✅ IMPORTANT POINT: It was also mentioned the idea of maintaining a strategic stockpile of the other currencies mentioned. Trump stated that he has already passed this mission to his team and will conduct an inventory of the government's cryptos. ‼️

Solana and XRP were represented at the event and received a pat on the back from the government (WOW, my eyes lit up there). Additionally, they emphasized how blockchain and Web3 infrastructure are the natural evolution of the financial system, and that the US should continue to lead this revolution.

Trump also emphasized that the US is well ahead of China, both in AI and in crypto, and that this advantage needs to be maintained. He pointed out that the people in the room were working on this long before the market understood the importance of these technologies and that now is the time to move forward.

Overall, I found it positive. But the lack of deadlines leaves room for speculation and market manipulation.

In summary: an event with good intentions, but with vague promises. We will continue to follow up!

Source: Thaitraderoficial 😂
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I liked it to deliver the post!

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