Donald Trump fulfills another promise! Ross Ulbricht is free!

I just called Ross William Ulbricht’s mother to tell her that in honor of her and the Libertarian Movement that has supported me so strongly, I am pleased to sign a full and unconditional pardon for her son, Ross

Ulbricht was arrested in 2013 and sentenced to double life in prison and an additional 40 years in prison (the US legal system allows such absurdities) without the possibility of parole in 2015. The point was that he founded Silk Road. Many famous people, including: investor Tim Draper, has been calling for his release for a long time, arguing that a talented computer scientist like him can serve the country. There was even a grassroots “Free Ross” movement.

This regulatory momentum will likely set the stage for other countries to follow suit by creating a more coherent global framework for cryptocurrencies. While it may take some time, current circumstances indicate that these changes could happen as late as 2025. What happens in the U.S. will be a game changer for the industry. If industry expectations are met, there will be significant changes and a shift in the center of gravity throughout the cryptocurrency industry.

For the avoidance of doubt, Binance is not a US company and has no users in the US, but the macroeconomic impact of US policies is undeniable. The shift towards a strong pro-cryptocurrency stance is likely to have a domino effect and cause changes in cryptocurrency policy and attitudes around the world as national governments begin to engage in a race to innovate to keep up with the US. The widely touted establishment of the U.S. Strategic Bitcoin Reserve signals a new level of institutional trust and commitment to the digital asset. Outside the United States, there are many governments and central banks that are involved in discussions about the role of Bitcoin and other cryptocurrencies in national reserves