**"Crypto Crossroads: Trump’s Bitcoin Gamble, Market Chaos & Global Regulation Shifts"**

Crypto markets tumbled as Trump’s Bitcoin Reserve plan disappointed investors, and stocks like MSTR and COIN took double-digit losses. The OCC reaffirmed banks’ ability to hold crypto, while the SEC abandoned a strict trading system proposal. Thailand approved Tether’s USD₮ for payments, boosting stablecoin adoption. Crypto funds saw $4.75B in outflows, and firms spent $134M on the 2024 U.S. elections, raising regulatory concerns.

Reference:https://www.linkedin.com/newsletters/chain-train-7126277052151844864/