Bloomberg: If regulation is not effectively implemented and strengthened, Trump’s actions will not be good for the crypto market

Odaily Planet Daily News Bloomberg has published an article questioning a series of actions by Trump in the crypto field after he took office, saying that President Trump and his entourage seem eager to build their crypto empire. The family not only hopes to put the United States on a path to support crypto through friendlier regulation, but also wants to have a share in the good results. According to the current (unstable) spot price, the book value of TRUMP currently held by Trump-related entities is about $14.9 billion, and the risks are equally incredible. As token buyers and industry insiders see that they have the opportunity to please Trump, power-for-money transactions and corruption will surely increase. In addition, moral risks also exist at the same time. When Eric Trump tweeted a friendly hint that Ethereum was worth buying, he was by no means a neutral observer - he seemed to realize this when he deleted the sentence "You can thank me later" from his post on X. At the same time, the company transferred most of its reserves to Coinbase Global Inc., and although it denied the sale plan, it is difficult to evaluate what kind of insider information there is. Trump's tariff policy is by no means good for the crypto market, and Eric Trump's shouting is equally limited. Bloomberg believes that if supervision is not effectively enforced and strengthened, supervision of the president's behavior will become ineffective, and Trump currently seems to be free from any constraints. Trump and Musk's series of operations are "textbook overconfidence", especially considering that Trump has been convicted of fraud. (Bloomberg)