Trump doesn't mention Bitcoin..Do I get a virtual currency adjustment?

[News FM Lee Ik-seon Choi Soo-young Issue & People]
□ Broadcast Date: January 21, 2025 (Tue)
□ Host: Lee Ik-seon, Choi Soo-young
□ Cast: Announcer Lee Hyun-woong

* The text below may differ from the actual broadcast content, so please check the broadcast for more accurate information.


◇ Lee Ik-seon: Let's open the second part with Aung Da-woong News. Announcer Lee Hyunwoong, who will be with us today as well, is here. Hello~

◆ Hello!

◇ Lee Ik-seon: First news. Now the second Trump administration is officially launched. In our time, the inauguration ceremony took place early this morning, and former President Biden, who attended the meeting, was in an embarrassing situation?

◆ [Lee Hyun-woong] That's right. The U.S. traditionally celebrates the incoming president at the inauguration of the former president. Earlier, Trump did not attend Biden's inauguration, disobeying the results after losing the 2020 presidential election, but Biden visited the central hall of the Capitol in Washington, D.C., where Trump's inauguration will be held today. However, President Trump lashed out at the Biden administration's policies in his inaugural address, saying, "Over the years, extreme and corrupt vested interests have extracted power and wealth from our people," and "Our government cannot manage even a simple crisis now." Former President Biden was sitting in the first row closest to the podium where the speech was being held with former Vice President Kamala Harris. As the inauguration speech progressed, his expression gradually seemed to solidify. President Trump announced the so-called "clear Biden" not only in his inauguration speech but also in his executive order. It declared a national emergency to expel illegal immigrants and said it would scrap the Green New Deal, which includes mandatory electric vehicles.

◇ Choi Soo-young: There's another person who got attention at this inauguration ceremony. It's Melania Trump, but she wore a big hat.

◆ [Lee Hyun-woong] That's right. Melania, who appeared in a white blouse shirt and dark coat, had a wide-brimmed hat on her head. I couldn't see my eyes well at most angles, and I often covered my expression. President Trump also received a lot of attention when he tried to kiss the cheek but couldn't reach his lips because of his brim. There were mixed interpretations in the local media. The New York Times said, "I couldn't see what I was thinking because the hat was too wide to cover my eyes," adding, "The coat with the button open and the hat covering my face created an inaccessible atmosphere, but it was unusual at the inauguration ceremony to greet the country with a new face." CNN, meanwhile, cited the assessment that "she looks cold and a little bit combative," and said, "Mrs. Melania values privacy, which was reflected." There were also analyses that the inauguration costumes were all New York designer products, and there were reports that it seemed to be a choice focused on President Trump's pledge to revive the U.S. economy. Meanwhile, Jill Biden, who is leaving the White House, opted for a purple outfit. Local media have analyzed that they have delivered a message about political harmony by wearing purple outfits that combine red and blue.

◇ Lee Ik-seon: On the other hand, President Trump drew attention to whether he would mention virtual currency at the inauguration, but he didn't say anything?

◆ [Lee Hyun-woong] That's right. President Trump has mentioned making virtual currency a new key growth engine for the national economy since he was a candidate. At the same time, the market price began to jump from the day the election was confirmed, exceeding $100,000, and exceeding $109,000 ahead of the inauguration ceremony, setting a new record high. Expectations for the $110,000 mark have risen. However, adjustments are appearing when there is no mention of virtual currency in the inaugural address or executive order. In the case of Bitcoin, it once went down to the early $100,000. It's currently trading around 102,000 dollars. Ripple and Solana, which recently soared, and Dogecoin, which has attracted attention along with CEO Elon Musk, are also making adjustments. However, the lack of mention today does not mean that the will has been dampened. Gary Gensler, chairman of the U.S. Securities and Exchange Commission, who is considered to have a negative view of digital assets, recently resigned, and President Trump appointed Mark Uyeda, who says flexible regulation is necessary, as acting president. Furthermore, interest in the trend of virtual currency is expected to continue in the future, as Paul Atkins, who criticizes the excessive regulation of the virtual asset industry and seeks innovation, is the chairman.

◇ Lee Ik-seon: Here's the news. Arrest warrants were sought for those who engaged in illegal violence in the Western District Court?

◆ [Lee Hyun-woong] That's right. The Seoul Western District Prosecutors' Office has filed an arrest warrant for 46 people arrested on charges of breaking into and damaging property inside the Western District Court. In addition, a total of 63 people were requested for arrest warrants, up to 17 people who obstructed the execution of public affairs by blocking vehicles of the Senior Civil Servant Corruption Investigations Unit or assaulting police officers. Earlier, the police applied for arrest warrants for 66 out of 90 people arrested for illegal activities inside and outside the Western District Court, but the prosecution rejected the warrant application because it judged that there were parts that needed to be supplemented.

◇ Choi Soo-young: We have to wait and see how much more the number of people will increase, but in this situation, there are appeals to delete the video taken on the day?

◆ [Lee Hyun-woong] That's right. Bae In-kyu, head of the New Men's Solidarity, appealed to YouTubers to erase the videos of citizens' faces. He said that all of those videos can be used as evidence videos, and he told me to erase them because if my face comes out, all of them can be taken away. Representative Bae is also one of the targets that Kwon Young-se, chairman of the People's Power Emergency Response Committee, said earlier that he would send a gift for the Lunar New Year. In a post on social media, Bae said that the incident was the result of the extreme stimulation of the protesters' emotions due to the police's response, and that the police left the Western District Court on the sidelines and seemed like a planned act of aiding and abetting a riot.

◇ Lee Ik-seon: Let's look at the last article. I heard that you are suffering from garbage overflowing with famous tourist attractions as a honeymoon destination, where is it?

◆ Lee Hyun-woong: A famous honeymoon destination and vacation spot that can't be handled by overflowing trash is Bali, Indonesia. According to recent data from local media, a total of 14.96 million tourists visited Bali from January to November last year. It was an 11% increase compared to a year ago. The number of tourists decreased significantly during the COVID-19 pandemic, but surged from 2023, and now it is recovering to pre-pandemic levels, and major tourist destinations are suffering from tourists flocking to them. According to the survey, 1.6 million tons of garbage are generated in Bali every year. Of these, 300,000 tons are plastic waste, and the amount of waste by tourists is more than three times the amount of waste made by local residents. The problem, as much as the overflowing garbage, is that it is not being disposed of properly. 33,000 tons of plastic waste flows into the sea every year. In fact, earlier this month, huge amounts of plastic waste, along with waves, flooded southern Bali beaches, leaving the beach covered with trash. As these problems have occurred repeatedly, the Indonesian government has announced that it will impose a tourism tax of 150,000 rupiah per person and about 13,000 won per Korean won for foreign tourists from February this year, and is reportedly considering raising it in the future. However, the Balinese government is protesting that it is not a fundamental solution to the problem. It is said that the priority is to prevent new hotels and beach clubs from being built rather than imposing tourism taxes. In response, Indonesia's central government announced plans to develop and distribute tourists from the south while building another airport in northern Bali.

◇ Lee Ik-seon: We've looked at all the news prepared today.

◆ Lee Hyun-woong: Yes, thank you.

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