Trump's pro-cryptocurrency policies will become a global trend

Eric Demuth, CEO of Austrian cryptocurrency exchange Bitpanda, said that countries around the world will likely follow President Trump's cryptocurrency-friendly policies.
The CEO emphasized that the Trump Administration's proactive steps to embrace virtual assets are an "obligation," not a "choice" for other countries.
Demuth said, "The change in U.S. policy has increased interest from banks and investors," and "investors' perception of virtual currencies has shifted from speculation to
"It has become a long-term investment asset, and large amounts of institutional funds are flowing in," he said. "As virtual currencies become the core of U.S. monetary policy, financial companies around the world are turning their attention to virtual assets."
"This means that banks will also have to grapple with changes in relation to cryptocurrencies," he said.