LONDON (Reuters) – Donald Trump’s 2nd term as united state head of state will certainly attract a great deal of financial investment right into crypto, the chief executive officer of Coinbase informed a panel conversation at the World Economic Forum in Davos.
“The Trump effect cannot be denied. To have the leader of the largest GDP country in the world come out undeniably and say that he wants to be the first crypto president,” claimed Brian Armstrong, CHIEF EXECUTIVE OFFICER of Coinbase.
Legislation in Congress will certainly bring a great deal of brand-new financial investment to cryptocurrencies, Armstrong claimed, including that bitcoin’s current all-time high was mainly as a result of Trump’s commencement.
(Reporting by Iain Withers, editing and enhancing by Elizabeth Howcroft)
