Donald Trump

Chair

Gary

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 <li>Trump and his son are heavily investing in Bitcoin, HBAR, and XRP, with ETFs potentially approved next year.</li>   
 <li>Talks are underway to exempt U.S.-based cryptocurrencies from capital gains tax, aiming to boost adoption and innovation.</li>   
 <li>Trump plans to remove SEC Chair Gary Gensler, signaling potential regulatory shifts toward crypto-friendly policies.</li> 
</ul>   
<p>Donald Trump and his son are making substantial investments in cryptocurrencies, particularly Bitcoin, HBAR, and XRP. Mark Yusko, CEO of Morgan Creek Capital Management, revealed this in a recent interview with Scott Melker. The move aligns with growing political and economic interest in digital assets.&nbsp;</p>   
<p>Notably, industry insiders are watching closely as these investments coincide with talks about potential regulatory reforms, including the approval of cryptocurrency-based exchange-traded funds (ETFs) as early as next year.</p>   
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<h2 class="wp-block-heading" id="h-regulatory-changes-could-reshape-crypto-s-market"><strong>Regulatory Changes Could Reshape Crypto's Market</strong></h2>   
<p>In addition, one of the most significant developments involves discussions about exempting the U.S.-based cryptocurrencies from capital gains tax. If implemented, this could encourage broader adoption of digital assets.&nbsp;</p>   
<p>Moreover, Trump’s investments reflect a strategic alignment with these potential shifts, highlighting the growing influence of cryptocurrency on policy-making. The prospect of a Bitcoin Strategic Reserve, as proposed by Trump, underscores this changing dynamic.</p>   
<p>Additionally, Trump has indicated plans to remove current Securities and Exchange Commission (SEC) Chairman Gary Gensler, who has <a href="https://cryptonewsland.com/gary-gensler-slammed-by-congressman-tom/" target="_blank" rel="noreferrer noopener">faced</a> criticism from the crypto community. Yusko noted that this move could pave the way for more crypto-friendly policies, fostering innovation and growth in the industry.</p>   
<h2 class="wp-block-heading" id="h-xrp-and-cardano-draw-criticism-despite-high-valuations"><strong>XRP and Cardano Draw Criticism Despite High Valuations</strong></h2>   
<p>However, despite their market dominance, Yusko voiced concerns about XRP and Cardano, questioning their innovation and practical development. He contrasted these projects with Circle’s stablecoin, which he sees as a more viable asset due to its backing by actual dollars. While XRP and HBAR’s potential ETF <a href="https://cryptonewsland.com/crypto-etf-boom-expected-in-2025-amid/" target="_blank" rel="noreferrer noopener">approval</a> could boost their market positions, skepticism remains regarding their long-term utility.</p>   
<p>Intriguingly, the crypto landscape is becoming increasingly dynamic, with key players advocating for policies that reflect the sector’s evolving priorities. Trump’s emphasis on fostering a supportive environment for U.S.-based cryptocurrencies aligns with a broader trend of governments reassessing their approach to digital assets.</p>   
<h2 class="wp-block-heading" id="h-tech-leaders-and-the-future-of-crypto-policy"><strong>Tech Leaders and the Future of Crypto Policy</strong></h2>   
<p>Further, Yusko emphasized the influence of technologist billionaires who are reshaping the industry. These leaders prioritize innovation over partisan politics, reflecting a shift in how economic power influences policy.&nbsp;</p>   
<p>Consequently, Trump’s alignment with such individuals indicates a strategic approach to advancing the U.S. position in the global tech landscape. His interactions with global leaders and his focus on leveraging expert insights signal a new phase of economic strategy driven by digital advancements.</p> 
<p>The post <a href="https://cryptonewsland.com/mark-yusko-alleges-trump-is-buying-xrp-btc-and-hbar-amid-speculation-of-new-etf-approvals/">Mark Yusko Alleges Trump Is Buying XRP, BTC, and HBAR Amid Speculation of New ETF Approvals</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Mark Yusko Alleges Trump Is Buying XRP, BTC, and HBAR Amid Speculation of New ETF Approvals

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