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Matrixport: Three key cabinet ministerial candidates under Trump support Bitcoin, and the United States may become a beneficiary of MiCA

 Matrixport has released a report stating that US President-elect Trump has nominated three key cabinet candidates who will respectively lead the US Treasury Department, Department of Commerce, and Securities and Exchange Commission (SEC). These candidates are generally considered to have a friendly attitude towards cryptocurrencies and are aware of the inevitability of digital assets in the modern financial system. Their nominations are expected to further integrate cryptocurrencies into the US economy.

Ironically, the US may become a beneficiary of MiCA. During Trump's second term, his pro-cryptocurrency cabinet team is expected to focus on integrating cryptocurrencies into the US economy to promote technological innovation and economic growth. The domestic debate in the US has already moved beyond establishing a regulatory framework and towards comprehensive acceptance of cryptocurrencies as a driving factor for creating economic opportunities and promoting technological progress. The likelihood of the US establishing a strategic Bitcoin reserve is increasing. However, the US may not actively purchase Bitcoin, but instead indefinitely hold the Bitcoin it already owns.

If the above nominations become a reality, Bitcoin as digital gold may evolve into a revival of decentralized finance (DeFi), and the digitization of the US financial economy may make cryptocurrency applications the biggest winner of this election, which could also force other governments to accept cryptocurrencies and accelerate their global adoption. In the scenario of the revival of decentralized finance (DeFi), Ethereum may catch up.

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