How Donald Trump's re-election impacts the UK's crypto market

With the crypto market boosted by President Donald Trump’s re-election, signs have begun to emerge that the strength of the US market is likely to be weakening the UK’s digital asset sector. Last week, Eric Trump, the son of Donald Trump, teased the idea of a “zero crypto tax policy” for US cryptocurrencies, to encourage innovation and investment in the sector. The previous City Minister Bim Afolami publicly allied himself with pro-crypto regulation, his replacement Tulip Siddiq has failed to make the sector a priority, allegedly cancelling several meetings with crypto companies. Read more of the story here 👇 https://www.cityam.com/why-the-crypto-bull-market-party-might-be-over-for-britain/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Elliot Gulliver-Needham, Emmanuel Nwosu, Scarlett WIld #crypto #bitcoin #trump #donaldtrump #cryptocurrency #cryptonews #news #uknews #economy #ukeconomy #economics #investing #investment