Justin Sun: Trump's coin issuance shows that crypto regulation will be more friendly

Odaily News On the evening of January 18th, Beijing time, Huobi HTX held an X Space open mic with the theme of "Interpretation of the Hot Value of Trump Meme". Huobi HTX Global Advisor Justin Sun attended the event and gave a detailed interpretation of TRUMP, the official meme coin issued today by US President-elect Trump.
Sun Yuchen said that Trump's issuance of coins means that crypto regulation, especially in the United States, will be more friendly, and subsequent law enforcement actions against the cryptocurrency circle will not be carried out, and it is entirely possible that the United States will use Bitcoin as a strategic reserve asset. At the same time, this incident will make the competition in the crypto industry more intense. It is not ruled out that Facebook and Apple will start to operate exchanges in the future, and the competitive pressure will become greater and greater in the future.
In November 2024, Justin Sun invested $30 million in the Trump family's cryptocurrency project World Liberty Financial (WLFI), becoming the largest investor in the project. In response, Justin Sun said: "We have reached a cooperation with Trump. WLFI will also be issued on TRON, and we will announce that TRX will be used as a reserve asset. Huobi HTX will also be launched as soon as possible."