Cryptocurrency Information Bureau News: Trump declares victory over digital assets! What is the new US strategy? #Trump #Cryptocurrency #DigitalAssets
Video explanation
Former President Trump's noteworthy statement! Will America lead the world in "digital assets"? Easy-to-understand explanation for beginners!
Hello, this is John from Blockchain Navigator!
You're increasingly hearing the terms "digital assets" and "crypto assets" on the internet and in the news. Some of you may be thinking, "It sounds complicated..." or "It doesn't have anything to do with me?" However, it's actually a very interesting technology that may even be connected to our daily lives!
Today, we bring you the news that former US President Trump has sent out a very powerful message about "digital assets." Let's take a look at what this means so that even beginners can understand!
Former President Trump declares, "We will win with digital assets!"
Former US President Donald Trump made the following statement on his social media account, "Truth Social" (a social media account that Trump often uses to disseminate information).
"With digital assets, America will triumph over the world like never before!"
Wow, that sounds like a very confident word! When we say "digital assets" here, you might imagine "money on the Internet" like Bitcoin, but that's not all. It's more broadly speaking, and often refers to any data or rights that have value on the Internet. For example, special items in a game or digital art can also fall into this category.
Trump has demonstrated his strong determination to make America a leader in this new technology field.
Is the legal movement regarding "stable coins" behind this?
In fact, shortly before Trump made this statement, there was a major development in the world of American politics.
The US Senate (one of the important bodies that discuss and decide on national laws and budgets. Its role is similar to that of the House of Councillors in Japan) passed a bill called the "GENIUS Act." It was passed because, as a result of discussion, it was decided by a majority to "create this law!"
The official name of the GENIUS Act is the "Act to Direct and Establish National Innovation in United States Stablecoins." It's a bit long and difficult to understand, but the main points are:"Stablecoins"The idea is to create proper rules regarding this.
Now, we have a new term here: what is a "stablecoin"?
- What are stablecoins?
"Stable" means "stable," so stablecoins are a special type of digital asset (like money on the Internet) that is designed to be less susceptible to sudden price fluctuations. - How do you stabilize it?
In many cases, they are designed to be linked to the value of currencies used in the real world, such as the US dollar (the official currency of the US) or the Japanese yen. For example, they are designed to always have the same value, such as "1 coin = 1 dollar."
The stablecoin law (GENIUS Act) was passed by a large margin of 68 to 30. This is evidence that many American lawmakers think that it is important to establish rules for stablecoins.
What does this mean? What does the future hold for America?
Former President Trump's powerful message and the movement towards legislation regarding stablecoins - when you consider these two things together, it may be that America is seriously trying to become a world leader in the field of "digital assets" and their underlying "blockchain" (a new technology that allows information to be securely recorded and managed by everyone).
The phrase "winning with digital assets" is not just about making money, but also conveys a strong desire to utilize this new technology effectively throughout society to revitalize the American economy and create new, convenient services.
If the rules for digital assets such as stablecoins were clearly defined, these kinds of benefits could come about.
- Users can now use it with peace of mind!
This may reduce the anxiety of "Is it okay to use this digital asset?" and make it more accessible to more people. - It will be easier for companies to create new services!
Once the rules are clear, it will be easier for companies to say, "Okay, let's develop new digital services in accordance with these rules!" - America may be at the forefront of digital finance!
By taking the lead in creating rules for new technologies, the United States has the potential to become a global leader in digital money and financial services.
Of course, this is still in its infancy, but it's exciting to see the whole country trying to tackle new technology!
John's Tweets
Wow, America is really moving fast! Digital assets and blockchain are still new technologies, but I think it's very important for countries to proactively create rules and send out positive messages so that these technologies can develop more safely and conveniently. I'd like to keep an eye on what role Japan will play in this big trend!
This article is based on the following original articles and is summarized from the author's perspective:
President Donald Trump: America Will Show The World How To
Win With Digital Assets Like Never Before