PANews reported on November 8 that according to Fortune magazine, Charles Cascarilla, CEO and co-founder of New York blockchain platform Paxos, said at the Singapore Fintech Festival on Friday that Trump's election has created "real opportunities for the golden age of cryptocurrency." He explained: "Trump's campaign revolves around a real cryptocurrency theme, and people believe that all this suppressed demand could be released by the United States and transform the United States from a laggard to a leader."