Trump is willing to consider pardoning the Samourai wallet developer, which essentially signals a potential easing of regulatory pressures. Samourai Wallet focuses on privacy and was previously targeted because it touched on regulatory red lines. Now, this hint suggests that the next government might be more friendly towards crypto innovation. This is a long-term positive, but remember, it’s “consideration,” not “immediate action.” So tonight’s impact is more of an emotional boost, giving the market an illusion that “it might be supported after a significant drop,” but expecting it to trigger an immediate surge is unrealistic.
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Trump is willing to consider pardoning the Samourai wallet developer, which essentially signals a potential easing of regulatory pressures. Samourai Wallet focuses on privacy and was previously targeted because it touched on regulatory red lines. Now, this hint suggests that the next government might be more friendly towards crypto innovation. This is a long-term positive, but remember, it’s “consideration,” not “immediate action.” So tonight’s impact is more of an emotional boost, giving the market an illusion that “it might be supported after a significant drop,” but expecting it to trigger an immediate surge is unrealistic.