As the American economy wobbles, Donald Trump secures a strategic victory in the Senate with the unlocking of a controversial budget. Behind this success lies a political clash with global repercussions. For both investors and crypto players, this vote opens an uncertain sequence that could redefine financial balances and impact the trajectory of markets.
Crypto markets are often shaken by political announcements, but rarely with such intensity. Donald Trump, the President of the United States, unveiled an unprecedented project: the creation of a national strategic crypto reserve. Indeed, in an environment where the regulation of these assets in the United States remains a hot topic, this announcement triggered a spectacular surge in the market, with Bitcoin briefly surpassing $95,000. However, behind this frenzy, major uncertainties remain. The project still needs to pass through Congress, and some experts are questioning its real feasibility and lasting impact. Between hope and caution, the crypto community remains suspended over the evolution of this matter.
Regulations surrounding stablecoins are no longer a distant threat for crypto issuers. They are now an unavoidable reality. In this uncertain climate, Tether, the industry leader with a market capitalization exceeding 142 billion dollars, has chosen not to remain a spectator. Rather than directly opposing American lawmakers, the company seeks to influence the regulatory process. A strategic choice that could redefine the future of stablecoins and the entire crypto market in the United States.
Decentralized finance (DeFi) is increasingly establishing itself as an essential new player. This week, the U.S. Congress held its very first hearing devoted to DeFi, a historic milestone for a sector that is already valued at $67 billion. The debate that took place reflects the deep divides within the U.S. legislative apparatus, with Republicans touting the innovation and economic freedoms offered by DeFi, while Democrats caution against the increased risks of fraud and the lack of regulation.
McHenry denounces: SEC accused of double standards on Ethereum.
Patrick McHenry, a member of the US Congress and a strong supporter of cryptocurrencies, has called on the United States to embrace Bitcoin and shape the future of global finance. He emphasizes the importance for policymakers to understand this groundbreaking technology.
US Treasury Secretary Janet Yellen warned Congress on Monday to expect a gradual decrease in the share of the dollar in global reserves. US debt.