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Trump administration grants crypto a two-year grace period to prove benefits, says Tron founder Justin Sun

Market News
30 Oct 2026, 10:32 WIB
Crypto Briefing
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Bullish
Trump administration grants crypto a two-year grace period to prove benefits, says Tron founder Justin Sun

Justin Sun, founder of Tron DAO, stated that the Trump administration has given the cryptocurrency industry a two-year grace period to demonstrate its benefits to the public amid stalled U.S. Congress legislation on crypto regulations. This suggests a temporarily more lenient regulatory environment, mainly shaped by agencies like the SEC and CFTC. Market sentiment around Bitcoin's future price may be positively influenced by this perceived regulatory leniency, although prediction markets show low odds for Bitcoin reaching $200,000 by 2026. Investors should watch for further regulatory developments and market reactions to these evolving conditions.

The Trump administration's reported two-year grace period for the cryptocurrency industry provides context for Pluang's market data. For readers following crypto, here is Pluang's market snapshot as of Oct 30, 2026 14:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 4 rose and 45 fell today. Notable movers include THETA at Rp2.881 with a -8.45% change and a typical hold time of 78 days, AXS at Rp15.418 down -8.43% with 43% sell and 57% buy order activity, and EOS at Rp12.649 up 8.13% with a typical hold time of 87 days.

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