Trump Calls for Regulatory Clarity in Crypto as Bitcoin Surges 6.5% in 24 Hours
Trump Urges Regulatory Clarity for Crypto Industry
U.S. President Donald Trump highlighted the pressing need for clear regulatory rules in the crypto industry during the swearing-in ceremony of Paul Atkins, the newly appointed Chairman of the Securities and Exchange Commission (SEC). Trump expressed confidence in Atkins' ability to provide the necessary guidelines, emphasizing the importance of regulatory certainty for the sector's growth and stability.
Bitcoin Sees 6.5% Price Surge
In related news, Bitcoin, the leading cryptocurrency, experienced a notable 6.5% increase in value over the past 24 hours. The cryptocurrency is currently trading in the mid $90,000 range, reflecting heightened investor confidence and market activity. This surge underscores the ongoing volatility and potential of the digital asset market.
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