Justin Sun: Trump's issuance of currency shows that crypto regulation will be more friendly, and cooperation has been reached with Trump

PANews reported on January 18 that Huobi HTX held an X Space open mic with the theme of "Interpretation of Trump Meme's Popular Value". Huobi HTX Global Advisor Sun Yuchen attended the event and gave a detailed interpretation of the official meme coin $TRUMP issued by US President-elect Trump today. Sun Yuchen said that Trump's issuance of coins means that crypto regulation, especially US regulation, will be more friendly, and subsequent law enforcement actions against the cryptocurrency circle will not be able to proceed, and it is entirely possible that the United States will use Bitcoin as a strategic reserve asset. At the same time, this incident will make the competition in the crypto industry more intense. It is not ruled out that Facebook and Apple will start to operate exchanges in the future, and the competitive pressure will become greater and greater in the future.

In November 2024, Justin Sun invested $30 million in World Liberty Financial (WLFI), a cryptocurrency project of the Trump family, becoming the largest investor in the project. In response, Justin Sun said, "We have reached a cooperation with Trump. WLFI will also be issued on TRON, and we will announce that TRX will be used as a reserve asset. Huobi HTX will also be launched as soon as possible."

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together