VanEck’s Alessandro Valentino believes that the “Crypto President” Trump is setting a precedent for the rest of the world. Yeah, you heard that right-Trump, the man, the myth, the crypto legend! 🙄
Donald Trump’s administration did a little something for crypto businesses. He opened up the U.S. to the digital asset industry, and now, surprise, surprise, other countries are doing the same thing! In an exclusive chat with
crypto.news
, Alessandro Valentino, a product manager at investment firm VanEck, talked about how European investors are now sipping the same crypto Kool-Aid. 🍹
Interest in digital assets in Europe is growing faster than a viral TikTok dance. On August 27, VanEck dropped the bomb that its Europe-based diversified crypto ETF hit over $500 million in assets. That’s a *big* deal in case you were wondering. Valentino also mentioned that VanEck was one of the first firms to offer crypto ETFs in the European Union, because, you know, they saw the future coming. 🚀
“In Europe, with the DLT pilot regime, there’s been a lot of progress. It’s essentially like setting up a sandbox where companies can play around with blockchain tech,” said Alessandro Valentino, VanEck.
Trump’s Administration: Crypto’s BFF
Let’s give credit where credit’s due. The U.S. under Trump did some heavy lifting in the crypto space. According to VanEck’s Alessandro Valentino, Trump didn’t just tweet about it-he actually did something. He helped remove some of the major roadblocks for the crypto world. And no, we’re not talking about that one thing he tweeted at 3 a.m. 🙄
“Trump brought a lot more clarity, especially from a regulatory standpoint. I mean, he fired Gary Gensler, who was always the anti-crypto guy. That helped a lot,” said Valentino. “And, let’s not forget, he fought against de-banking. Many crypto companies were running into that wall.”
But hold your horses-changes in Europe are moving at a more… leisurely pace. It’s not all sunshine and rainbows across the continent. The MiCA regime might still be a mystery, and some countries are, well, easier to deal with than others. Ireland, Luxembourg, and Germany? Smooth sailing. Other countries? Not so much. 😬
Is Trump Really the “Crypto President” or Just a Gimmick? 🤔
So, what’s Trump’s deal with crypto? Well, he’s pretty much branding himself as the crypto king, and there’s a reason for it. Crypto firms poured a cool $131 million into the 2024 elections-and surprise, surprise, they mostly threw their weight behind Republicans. With Trump’s popularity plummeting like a lead balloon, though, things might change.
But don’t panic just yet! Valentino, who refers to Trump as the “Crypto President,” isn’t convinced a political shift would hurt crypto’s momentum. Sure, Trump might not win a popularity contest, but he’s not the end-all-be-all of crypto either. 😅
“Every industry, once it gets big enough, does some lobbying,” said Valentino. “I don’t think Trump’s approval rating will affect Bitcoin too much. I would say Trump needs to be more aligned with crypto than crypto needs him.”
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2025-08-29 19:05