Donald Trump Jr. calls Crypto the future of American rule
Donald Trump Jr. Ondo Summit in New York City.
“In terms of our economic status and power, I believe this may be the future of American hegemony,” Trump’s son said. He believes that cryptocurrencies may help the United States continue to dominate the world economy. He noted that the country’s financial leadership has been the cornerstone of its power and that cryptocurrencies could be the next stage of development.
After buying Ondo’s local cryptocurrency (Ondo) earlier in the day by World Liberty Financial (WLF), a cryptocurrency initiative backed by the Trump family, Trump Jr. made an unexpected surprise at the event as a child access. His presence demonstrates the interest of well-known business and politicians in the cryptocurrency field. The growing stake in the Trump family in digital assets shows greater dedication to the industry’s expansion.
Source: Ondo Finance
Trump Jr. discusses the importance of creating laws that encourage innovation rather than hinder it. “We really need to build that framework [crypto]I think it is the future of finance, and you can understand what it is without over-regulating it so much that you lose everything it represents. ” he said.
He warned that overregulation by lawmakers who are not familiar with cryptocurrencies could undermine its potential. He advocates a system to protect investors while enabling businesses to expand and innovate. Many prominent figures in the business call for a more transparent legal framework for the highly-watched crypto-regulatory topics.
World Free Finance Expands Crypto Investment
Taking the stage, WLF co-founder Chase Herro announced that the company will soon launch a “strategic reserve” of cryptocurrency assets. In the statement, “We are all great building supporters,” he confirmed WLF’s dedication to the continued growth of the cryptocurrency market.
WLF has attracted media attention in recent months for its investment in a range of digital assets. Aave, Chainlink’s link, Tron’s TRX, parcels of Bitcoin and Ethereum are all part of its portfolio. After Ondo Finance announced its intentions for Ondo Chain, an innovative layer blockchain for tokenized assets, the company purchased about $470,000 in Ondo tokens today.
Source: Ondo Finance
Trump’s social media company’s eyes Bitcoin ETF
Trump Jr.’s interest in cryptocurrencies exceeds investment. His social media company revealed earlier in the day that it will launch many exchange-traded funds (ETFs). It is the truth that ETFs tracking the price of Bitcoin (BTC). Fi Bitcoin plus ETF.
This move supports financial solutions related to digital assets in increasing trends. If approved, ETFs may give a wider audience access to Bitcoin by attracting more traditional investors.
