Trump Administration Names U.S. "World's Cryptocurrency Capital" as CFTC Overhauls Rules

Under President Trump, a White House X post designated the United States as the "world's cryptocurrency capital," with Michael Selig newly appointed as CFTC Chairman to lead related policy shifts. The CFTC plans regulatory modernization and closer alignment with other financial agencies, while Bitcoin trades at $88,228.05 amid a 23.47% price decline over the past 90 days.