On Monday, President Donald Trump has signed an administrative order to establish a soblinwels fund and spurs the speculation of the cryptocien industries that it may be used for investing in bitcoin and other cryptocurrencies. I did it.
“Given that the current administration is fully supported by the current administration’s digital assets, the Sobulinwells Fund announced today will probably provide bitcoin, probably made in the United States, which provides true economic usefulness such as ether. THESTREET CRYPTO is likely to include digital assets. “Including such digital assets will not only enhance the US economy, but will be a big leap to make the United States a digital asset sector leader.”
Others have pointed out that the Sobulin Wels Fund can provide a more troublesome path to the Trump administration to be exposed to cryptocurrency. “Trump sets alternatives like this Sobrignwels Fund and get bitcoin without bureaucracy,” Austin King told THESTREET CRYPTO.
The Sobulin Wels Fund, which holds assets under $ 13 trillion or more, reinvests surplus funds by wealthy countries such as Norway, Kuwait, Saudi Arabia, and Qatar, and promotes strategic priority. However, it has diversified national assets and has been used for a long time. -The economic stability of the period.
“Given the focus of Trump’s encryption, there is a possibility that you can use this fund to buy bitcoin and other cryptocurrencies that are regarded as important to change the United States into a great code,” King said. I talked to.
Trump’s Soblinwells Fund may take up to 12 months to establish, and it appears that several custody ministers, such as the Secretary of Finance Scott Bessentation and the U.S. Commercial Secretary of Trump, have been involved in efforts. Masu.
“President Trump has been hinted for the past few months,” said the THESTREET CRYPTO, said, Ishmael Green, a cryptocien lawyer of Diaz Reus of international law firms. “President Trump controls around 5 billion dollar cryptocurrencies, including Bitcoin and Hundreds of millions of Ethereum (guarantee it), is almost guaranteed.”
Despite optimistic, some experts emphasize the risk of encryption to the Sobulin Wels Fund. “Crypto’s volatility and uncertain regulations will be strictly sold for the investment supported by the government,” said Mauricio Mondragon, Officer of Crypto Custodian Fortress Trust.
“If it happens, the biggest challenge is to think about how to save and manage assets safely, avoid political impacts, and confirm that it conforms to existing regulations,” Mondragon tells THESTRET CRYPTO. I did it. “That’s an interesting idea, but there are many hurdles to clear first.”
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