Donald Trump

Bitcoin

As the dust settles on Donald Trump’s return to the White House, the crypto space is hyped about the new presidency’s friendly stance for digital assets and Web3 in general. The global crypto market, which soared past $3 trillion following his election, is optimistic for the next four years to introduce clearer regulations and a friendlier business environment.
Uptick market movements and policy projections aside, the crypto ecosystem wonders who will help Trump navigate the Web3 and blockchain spaces. According to a source close to the matter, TRON founder Justin Sun is slated to meet with President-elect Trump in the coming weeks. The rumored meeting has sparked speculation that Sun could step into a role as a key advisor on cryptocurrency and Web3 technologies.
As the founder of TRON, one of the major blockchain platforms, Sun is known as a vocal advocate for Web3 innovation. If he assumes an advisory role, Sun’s influence could shape how the Trump administration approaches everything from digital asset regulation to fostering DeFi innovation.
Sun’s expertise and connections within the industry position him to bridge the often-tense divide between regulators and crypto entrepreneurs, establishing a direct line between blockchain leaders and the government.
Ripple CEO Brad Garlinghouse has also been linked to potential discussions with Trump. Social media users quickly noticed Garlinghouse’s recent activity, including liking posts that alluded to a meeting, which some interpreted as a subtle confirmation.
In a recent <a href="https://x.com/RippleXrpie/status/1857536981502411230" target="_blank" rel="noopener noreferrer nofollow">FOX Business interview</a>, Garlinghouse sidestepped questions about his potential involvement but hinted at the administration’s growing interest in blockchain technologies.
<h3 class="wp-block-heading" id="h-markets-react-with-enthusiasm">Markets React with Enthusiasm</h3>
The cryptocurrency market has responded to Trump’s election with enthusiasm, buoyed by the possibility of a more constructive regulatory approach. Bitcoin hit a record high of $93,434 on November 13, doubling in value over the past year and surging 30% since the election. Ethereum (ETH) has also experienced a sharp rally, climbing 33% to reach $3,220.
<h3 class="wp-block-heading" id="h-a-turning-point-for-blockchain">A Turning Point for Blockchain</h3>
If Justin Sun and other crypto leaders take on advisory roles, it could signal a sea change in how blockchain and Web3 are integrated into U.S. policy. Beyond just fostering innovation, such collaborations could lay the groundwork for a regulatory framework that balances growth with consumer protection.
Sun’s potential role aligns with his reputation as a blockchain pioneer, one who has consistently championed decentralization and the democratization of technology. Meanwhile, Garlinghouse’s involvement would bring the perspective of an executive navigating the intersection of crypto and traditional finance. Together, they represent the diverse potential of the blockchain sector.
As Trump’s administration takes shape, the rumored involvement of crypto heavyweights highlights the growing role of digital assets in shaping the global economy. While neither Sun nor Garlinghouse has confirmed their roles, the mere prospect of their participation demonstrates the rising influence of the crypto sector on the political stage.

Donald Trump Rumored to Meet Key Leaders To Discuss Crypto

Table of Contents

TheNewsCrypto

Other articles published on Nov 18, 2024

Tether to invest in Quantoz to support MiCA-compliant stablecoins

CSPR breaks out of multi-month downtrend after 100% rally

Ethereum Classic (ETC) Set To Soar Over 2,000% By 2025: Here’s Why

Dogen (DOGEN) Forecast: Analyst Predicts DOGEN Could Jump From $0.0008 to $15, as Dogecoin (DOGE)...

Metaplanet $12 Million Bitcoin Strategy for Financial Stability.

5 Explosive Altcoins That Could Expand Your Portfolio

Join our free newsletter for daily crypto updates!