Bitcoin Soars as SEC Introduces New Crypto Regulatory Framework

Reported about 5 hours ago

Bitcoin experienced a significant price increase as the U.S. SEC announced its first major steps towards regulating the cryptocurrency sector under the new Trump administration. Following a record high of $109,071 shortly after Trump's inauguration, Bitcoin's price saw a 3.8% rise when a task force aimed at creating a regulatory framework for digital assets was introduced. Despite some initial disappointment over crypto's absence in immediate executive actions, industry leaders remain hopeful for further regulatory developments that could boost Bitcoin adoption.

Source: YAHOO

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