Trump Promotes Global Crypto Standards as Citadel Enters Market

Former U.S. President Donald Trump has stressed the need for robust but practical global cryptocurrency regulations, emphasizing their integration into existing financial systems. This aligns with his previous regulatory initiatives that aimed to foster fintech growth and reciprocal tariffs. Notably, Citadel Securities, a prominent nonbank financial institution, is poised to enter the crypto market in 2025, anticipated to significantly impact liquidity. Trump’s stance on crypto standards coincides with this move, which could potentially increase institutional investment but also raise concerns about market concentration.