Strongly Recommended Watch: 'HUB OF THE WORLD': Trump Treasury sec. reveals admin's crypto goals
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Treasury Secretary Scott Bessent responds to economic uncertainty, breaking down President Donald Trump's fiscal and cryptocurrency goals on 'My View with Lara Trump.' #foxnews
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Francisco Gimeno - BC Analyst With Trump at the helm some information about long term plans to make trade more fair and adapt also to a future world already in the present, is coming.It seems future of finance is being rewritten, and the U.S. has a chance to lead the charge. And one of the first steps is putting America as the "Hub of the World" for crypto innovation and regulation. The administration aims to create a framework that fostered growth while protecting consumers and preventing illicit activities, in other words, regulation with innovation in mind. Secondly, as in the many fields in the new world, the competition with China is becoming also at the front, recognizing the urgency to stay ahead in the race for financial and technological dominance. Trump also Is underlining the importance of working with industry leaders to ensure policies were practical and forward-thinking. Well, good words. But, is this going to ensure that the benefits of crypto and blockchain technology are accessible to everyone long term or as usual, those handling world finances want to control everything? We will see.