Trump's Comeback Signals Legal Calm for Cryptocurrency

1 min read
Source: Yahoo Finance
Trump's Comeback Signals Legal Calm for Cryptocurrency
Photo: Yahoo Finance
TL;DR Summary

With Donald Trump's return to the presidency, the cryptocurrency industry anticipates a reduction in regulatory hurdles, as the SEC's aggressive litigation against major crypto exchanges like Binance, Coinbase, and Kraken may be paused or dismissed. Trump's administration is expected to support the digital asset industry and potentially appoint a new SEC chair who favors a more lenient approach, marking a shift from the adversarial stance under Gary Gensler.

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