Current uncertainty over adjustments in U.S. tariff coverage are presently weighing on the worth of the U.S. Greenback relative to different main currencies. The so-called “Trump tariffs” have additionally raised issues that, long-term, these tariffs may threaten the U.S. Greenback’s reserve forex standing.
But whereas President Trump’s tariff coverage adjustments are a doable long-term adverse for the U.S. Greenback and its dominance, this could possibly be countered by ongoing adjustments to U.S. cryptocurrency coverage and laws.
At the very least, per the President’s personal statements on his efforts to help the expansion of the crypto {industry}, made weeks previous to final month’s “Liberation Day” tariff hike announcement. Though there’s been little out of the White Home concerning crypto since speak about tariffs took middle stage, one other wave of change for the crypto area could also be simply across the nook.
That’s the view of Binance CEO Richard Teng, who just lately spoke on the matter, and its potential impression on the {industry}. Specifically, the subsequent wave of proposed laws may assist speed up institutional adoption of Bitcoin and different cryptocurrency belongings, which can in flip have a constructive impression on costs.
Teng’s Current Remarks Give Credence to Optimistic View
Trump might not have been imprecise on the subject of recent cryptocurrency-related coverage adjustments and laws pushed by his administration, however the above-mentioned dialog on this matter by Teng might give credence to an optimistic view on the additional institutional adoption of Bitcoin and different cryptos.
Whereas attending the Token2049 convention late final month, Teng was interviewed by UAE-based publication The Nationwide. Within the interview, the Binance CEO mentioned how he has just lately met with U.S. regulators and different key authorities officers. Following these conferences Teng explains his outlook and timeline, “The brand new efforts and optimism could be very actual within the US. So, I consider the US goes to come back out with very enlightened, pro-industry and good laws that help the {industry} but additionally manages the danger on the similar time. So that you’re in all probability going to see among the new laws coming by means of by August this 12 months.
Prior pro-growth regulatory adjustments, such because the approval of spot Bitcoin exchange-traded funds (ETFs), have led to an embracing of crypto by main monetary establishments like BlackRock. With this, Teng believes that subsequent clear-cut regulatory implementations will end in an extra wave of institutional adoption.
In flip, the constructive impression of traders starting from household places of work to main banks “attempting to get energetic into the area” may function a long-term constructive that can counter the short-term concern and uncertainty presently weighing on the area.
Professional-Crypto Agenda Nonetheless High of Thoughts for The Trump Administration
Once more, tariffs could also be on the prime of the Trump administration’s forex agenda, however it’s not as if crypto has absolutely fallen onto the again burner. Based mostly on the President’s March statements on the subject of cryptocurrency regulatory adjustments, it’s clear {that a} pro-crypto agenda stays prime of thoughts amongst Trump and his administration.
By way of a pre-recorded video performed on the Digital Asset Summit 2025 in New York on March 20, Trump shared his imaginative and prescient for America’s position in cultivating the additional development of crypto and the blockchain economic system. Talking glowingly of crypto {industry} leaders, the President said that the {industry} stood to “enhance our banking and cost system.”
In flip, this is able to “promote better privateness, security, safety, and wealth” for all People, resulting in “an explosion of financial development.” Trump additionally touched on stablecoins, particularly how stablecoins pegged to the U.S. Greenback may assist “develop the dominance” of the world’s main reserve forex.
Touting his personal efforts to make this imaginative and prescient a actuality, the president famous how his administration has ended the “final administration’s regulatory warfare on crypto and Bitcoin,” stating the collection of pro-growth coverage adjustments his administration has applied since January. Whereas Trump didn’t present a lot element about upcoming adjustments in U.S. cryptocurrency laws and coverage in his speech, such sweeping change stays on the horizon.
The Backside Line
In relation to Trump’s March statements on America’s position in the way forward for crypto, it might be greatest to take some parts of it with a grain of salt, however different parts at face worth. Solely time will inform whether or not stablecoins may function a constructive for the U.S. Greenback dominance, particularly as tariff adjustments, if stored in place, speed up a shift from American hegemony, to a extra multipolar world.
Nonetheless, making an allowance for Richard Teng’s current remarks, the Trump administration is ready to unleash one other game-changer for crypto later this 12 months, as pro-growth regulatory adjustments spur one other main inflow of institutional capital into Bitcoin and different cryptocurrency belongings.
Current uncertainty over adjustments in U.S. tariff coverage are presently weighing on the worth of the U.S. Greenback relative to different main currencies. The so-called “Trump tariffs” have additionally raised issues that, long-term, these tariffs may threaten the U.S. Greenback’s reserve forex standing.
But whereas President Trump’s tariff coverage adjustments are a doable long-term adverse for the U.S. Greenback and its dominance, this could possibly be countered by ongoing adjustments to U.S. cryptocurrency coverage and laws.
At the very least, per the President’s personal statements on his efforts to help the expansion of the crypto {industry}, made weeks previous to final month’s “Liberation Day” tariff hike announcement. Though there’s been little out of the White Home concerning crypto since speak about tariffs took middle stage, one other wave of change for the crypto area could also be simply across the nook.
That’s the view of Binance CEO Richard Teng, who just lately spoke on the matter, and its potential impression on the {industry}. Specifically, the subsequent wave of proposed laws may assist speed up institutional adoption of Bitcoin and different cryptocurrency belongings, which can in flip have a constructive impression on costs.
Teng’s Current Remarks Give Credence to Optimistic View
Trump might not have been imprecise on the subject of recent cryptocurrency-related coverage adjustments and laws pushed by his administration, however the above-mentioned dialog on this matter by Teng might give credence to an optimistic view on the additional institutional adoption of Bitcoin and different cryptos.
Whereas attending the Token2049 convention late final month, Teng was interviewed by UAE-based publication The Nationwide. Within the interview, the Binance CEO mentioned how he has just lately met with U.S. regulators and different key authorities officers. Following these conferences Teng explains his outlook and timeline, “The brand new efforts and optimism could be very actual within the US. So, I consider the US goes to come back out with very enlightened, pro-industry and good laws that help the {industry} but additionally manages the danger on the similar time. So that you’re in all probability going to see among the new laws coming by means of by August this 12 months.
Prior pro-growth regulatory adjustments, such because the approval of spot Bitcoin exchange-traded funds (ETFs), have led to an embracing of crypto by main monetary establishments like BlackRock. With this, Teng believes that subsequent clear-cut regulatory implementations will end in an extra wave of institutional adoption.
In flip, the constructive impression of traders starting from household places of work to main banks “attempting to get energetic into the area” may function a long-term constructive that can counter the short-term concern and uncertainty presently weighing on the area.
Professional-Crypto Agenda Nonetheless High of Thoughts for The Trump Administration
Once more, tariffs could also be on the prime of the Trump administration’s forex agenda, however it’s not as if crypto has absolutely fallen onto the again burner. Based mostly on the President’s March statements on the subject of cryptocurrency regulatory adjustments, it’s clear {that a} pro-crypto agenda stays prime of thoughts amongst Trump and his administration.
By way of a pre-recorded video performed on the Digital Asset Summit 2025 in New York on March 20, Trump shared his imaginative and prescient for America’s position in cultivating the additional development of crypto and the blockchain economic system. Talking glowingly of crypto {industry} leaders, the President said that the {industry} stood to “enhance our banking and cost system.”
In flip, this is able to “promote better privateness, security, safety, and wealth” for all People, resulting in “an explosion of financial development.” Trump additionally touched on stablecoins, particularly how stablecoins pegged to the U.S. Greenback may assist “develop the dominance” of the world’s main reserve forex.
Touting his personal efforts to make this imaginative and prescient a actuality, the president famous how his administration has ended the “final administration’s regulatory warfare on crypto and Bitcoin,” stating the collection of pro-growth coverage adjustments his administration has applied since January. Whereas Trump didn’t present a lot element about upcoming adjustments in U.S. cryptocurrency laws and coverage in his speech, such sweeping change stays on the horizon.
The Backside Line
In relation to Trump’s March statements on America’s position in the way forward for crypto, it might be greatest to take some parts of it with a grain of salt, however different parts at face worth. Solely time will inform whether or not stablecoins may function a constructive for the U.S. Greenback dominance, particularly as tariff adjustments, if stored in place, speed up a shift from American hegemony, to a extra multipolar world.
Nonetheless, making an allowance for Richard Teng’s current remarks, the Trump administration is ready to unleash one other game-changer for crypto later this 12 months, as pro-growth regulatory adjustments spur one other main inflow of institutional capital into Bitcoin and different cryptocurrency belongings.
