US Professional-Crypto Laws Set to 'Develop Dominance of U.S. Greenback'

[ad_1] Current uncertainty over modifications in U.S. tariff coverage are at present weighing on the worth of the U.S. Greenback relative to different main currencies. The so-called “Trump tariffs” have additionally raised considerations that, long-term, these tariffs may threaten the U.S. Greenback’s reserve foreign money standing.

But whereas President Trump’s tariff coverage modifications are a doable long-term destructive for the U.S. Greenback and its dominance, this could possibly be countered by ongoing modifications to U.S. cryptocurrency coverage and laws.

At the least, per the President’s personal statements on his efforts to help the expansion of the crypto {industry}, made weeks previous to final month’s “Liberation Day” tariff hike announcement. Though there’s been little out of the White Home relating to crypto since speak about tariffs took heart stage, one other wave of change for the crypto house could also be simply across the nook.

That’s the view of Binance CEO Richard Teng, who just lately spoke on the matter, and its potential affect on the {industry}. Specifically, the following wave of proposed laws may assist speed up institutional adoption of Bitcoin and different cryptocurrency belongings, which can in flip have a optimistic affect on costs.

Teng’s Current Remarks Give Credence to Optimistic View Trump might not have been obscure on the subject of latest cryptocurrency-related coverage modifications and laws pushed by his administration, however the above-mentioned dialog on this matter by Teng might give credence to an optimistic view on the additional institutional adoption of Bitcoin and different cryptos.

Whereas attending the Token2049 convention late final month, Teng was interviewed by UAE-based publication The Nationwide. Within the interview, the Binance CEO mentioned how he has just lately met with U.S. regulators and different key authorities officers. Following these conferences Teng explains his outlook and timeline, “The brand new efforts and optimism could be very actual within the US. So, I consider the US goes to come back out with very enlightened, pro-industry and sensible rules that help the {industry} but additionally manages the chance on the similar time. So that you’re most likely going to see a few of the new laws coming by by August this yr.

Prior pro-growth regulatory modifications, such because the approval of spot Bitcoin exchange-traded funds (ETFs), have led to an embracing of crypto by main monetary establishments like BlackRock. With this, Teng believes that subsequent clear-cut regulatory implementations will lead to an additional wave of institutional adoption.

In flip, the optimistic affect of buyers starting from household workplaces to main banks “attempting to get energetic into the house” may function a long-term optimistic that may counter the short-term worry and uncertainty at present weighing on the house.

Professional-Crypto Agenda Nonetheless Prime of Thoughts for The Trump Administration Once more, tariffs could also be on the high of the Trump administration’s foreign money agenda, but it surely’s not as if crypto has absolutely fallen onto the again burner. Based mostly on the President’s March statements on the subject of cryptocurrency regulatory modifications, it’s clear {that a} pro-crypto agenda stays high of thoughts amongst Trump and his administration.

Through a pre-recorded video performed on the Digital Asset Summit 2025 in New York on March 20, Trump shared his imaginative and prescient for America’s position in cultivating the additional progress of crypto and the blockchain economic system. Talking glowingly of crypto {industry} leaders, the President said that the {industry} stood to “enhance our banking and cost system.”

In flip, this may “promote larger privateness, security, safety, and wealth” for all People, resulting in “an explosion of financial progress.” Trump additionally touched on stablecoins, particularly how stablecoins pegged to the U.S. Greenback may assist “broaden the dominance” of the world’s main reserve foreign money.

Touting his personal efforts to make this imaginative and prescient a actuality, the president famous how his administration has ended the “final administration’s regulatory struggle on crypto and Bitcoin,” stating the sequence of pro-growth coverage modifications his administration has carried out since January. Whereas Trump didn't present a lot element about upcoming modifications in U.S. cryptocurrency laws and coverage in his speech, such sweeping change stays on the horizon.

The Backside Line With regards to Trump’s March statements on America’s position in the way forward for crypto, it could be finest to take some parts of it with a grain of salt, however different parts at face worth. Solely time will inform whether or not stablecoins may function a optimistic for the U.S. Greenback dominance, particularly as tariff modifications, if saved in place, speed up a shift from American hegemony, to a extra multipolar world.

Nevertheless, taking into consideration Richard Teng’s latest remarks, the Trump administration is ready to unleash one other game-changer for crypto later this yr, as pro-growth regulatory modifications spur one other main inflow of institutional capital into Bitcoin and different cryptocurrency belongings.

Current uncertainty over modifications in U.S. tariff coverage are at present weighing on the worth of the U.S. Greenback relative to different main currencies. The so-called “Trump tariffs” have additionally raised considerations that, long-term, these tariffs may threaten the U.S. Greenback’s reserve foreign money standing.