Editor's note: The Trump presidency is already paying off for cryptocurrencies...

In fact, Crypto Capital editor Eric Wade believes this pro-crypto administration could help cryptos go mainstream in the U.S. moving forward.

In today's Masters Series, originally from the August issue of Crypto Capital, Eric details how this administration's regulations are helping cryptos contend with other major asset classes...

This Administration Is Paving the Way for Crypto Adoption

By Eric Wade, editor, Crypto Capital 

It was one of the largest presales in history...

In 2018, popular messaging app Telegram was developing the next big thing in crypto – a fast, secure, and scalable blockchain that would seamlessly integrate with its 200 million userbase.

Telegram raised $1.7 billion in an initial coin offering to launch its blockchain and Gram token. Investors had high expectations for the project.

But a few weeks before the launch, everything came crashing down...

The U.S. Securities and Exchange Commission ("SEC") accused Telegram of conducting an unregistered securities offering, and a federal court temporarily banned it from releasing the token.

Eventually, Telegram agreed to return the presale funds and pay a fine of $18.5 million. Then it abandoned the project.

It was a big blow to the crypto industry. But it was just the beginning...

In December 2020, the SEC sued digital payment network Ripple, alleging the company raised more than $1.3 billion through an unregistered securities offering.

The lawsuit spooked investors, and Ripple's token price fell 50%. Many exchanges also temporarily delisted the token.

The SEC also went after centralized exchanges Binance and Coinbase (COIN) for offering unregistered securities.

The SEC's lawsuits against Ripple, Binance, and Coinbase were all dismissed after years of legal tug-of-war.

I'm telling you all of this to point out that the U.S. regulatory lines around cryptos have been anything but clear.

As a result, startups have moved projects overseas... exchanges have restricted access to Americans... and global investors have looked outside the U.S. for opportunities.

But things are now changing, thanks to a new pro-crypto administration.

For example, on March 6, President Donald Trump signed an executive order to launch a strategic national reserve made up of government-owned bitcoin. And Trump's pick for SEC chairman, Paul Atkins, has said that crypto regulation will be a top priority for him. These are only the first steps toward Trump's goal of making the U.S. the "crypto capital of the world."

In July, Congress passed the GENIUS Act, a landmark law establishing a regulatory framework for dollar-pegged stablecoins, requiring issuers to hold 1-to-1 reserves in liquid assets like U.S. dollars or Treasury bills and disclose reserve compositions monthly. This legislation aims to legitimize stablecoins as a mainstream payment mechanism.

Meanwhile, the CLARITY Act has passed a House vote and is now on the Senate floor. It will help clarify the roles of the SEC and the Commodity Futures Trading Commission when it comes to regulating digital assets.

And Treasury Secretary Scott Bessent also has a plan to fix the U.S. debt market by pairing Treasury bonds with bitcoin.

A crypto-friendly administration and clearer regulation will help drive institutional adoption... real-world-asset ("RWA") tokenization... and make cryptos go mainstream in the U.S.

We're already seeing more corporations buy, hold, and use crypto at a higher pace than ever before.

For example, public companies bought more than 18,000 bitcoin during the month of June alone, signaling trust in bitcoin as a long-term store of value.

Meanwhile, Mastercard (MA), one of the top U.S. credit-card services, recently announced it's integrating different stablecoins across its payment network. It's also partnering with Chainlink to offer crypto on-ramping services to its more than 3 billion cardholders.

Over time, we also believe crypto will be considered a form of wealth, like stocks or bonds. We expect exchanges, banks, and even brokerages to soon offer crypto services that more closely resemble stock or real estate ownership options.

So the integration between crypto and traditional finance continues to grow every month. That will be a boon for the sector.

Just consider... when Trump was elected, bitcoin surged past $70,000... and it reached more than $124,000 in August. And the entire blockchain universe is on the rise. Total crypto market capitalization is up more than 85% year over year.

We expect momentum to keep growing as new regulations pass and blockchain technology becomes more integrated in traditional finance and beyond.

Good investing,

Eric Wade

Editor's note: Trump's pro-crypto administration is just getting started...

In fact, its next move could trigger "the biggest trade in U.S. history." And it could all go into effect as soon as Tuesday, September 9.

That's why Eric just released an emergency briefing to reveal all the details. Learn more here...