SBF: Trump's Governance Policies Attract Businesses Back to the U.S. and Promote Crypto Industry Development
Odaily News SBF posted on platform X, stating that during the Biden administration, businesses were forced to relocate overseas. Under the Trump administration, businesses are being welcomed back to the United States. The regulatory measures taken by the Democratic Party included requiring licenses but refusing to issue them, making it impossible for businesses to operate in the U.S. The situation has now changed, and the U.S. Department of Justice is no longer prosecuting the entire industry. For years, due to this policy, all liquid prediction markets were located overseas and are now opening up to Americans, and the same applies to the cryptocurrency field. The Democratic Party raised corporate taxes, leading to business relocation and creating loopholes that allowed companies to keep funds overseas. Trump expanded business tax deductions, attracting investment back to the United States.
