Reported 3 days ago
Following Donald Trump's re-election, the regulatory landscape for the cryptocurrency market is poised for significant changes. The Securities and Exchange Commission (SEC) under Gary Gensler had aggressively pursued legal action against major crypto exchanges like Binance and Coinbase but now faces a likely shift in strategy. Trump, who plans to ease regulatory pressures and support the digital asset industry, may influence the next SEC chair to adopt a more accommodating stance, potentially dismissing ongoing lawsuits and setting new frameworks that align better with the crypto ecosystem.
Source: YAHOO