How Trump's Victory Could Change U.S. Crypto Regulation

by Giorgi Kostiuk

2 years ago

Donald Trump's presidential victory has stirred optimism in the cryptocurrency industry. Industry leaders hope his support for cryptopolicies will help reform the U.S. Securities and Exchange Commission (SEC) and drive market development.

SEC Reform and its Impact on the Crypto Market

With Donald Trump's victory, many are anticipating significant changes in SEC policy. This primarily concerns replacing the current SEC Chair, Gary Gensler, with someone who may adopt a more crypto-friendly policy. Calls for significant regulatory changes have been expressed by industry leaders who hope for federal measures promoting digital currency adoption and innovation.

Potential Leaders: Who Might Replace Gensler

Speculations around Gary Gensler's potential resignation have intensified following his speech at the Practising Law Institute. Potential candidates like Mark Uyeda and Hester Pierce, known for their pro-crypto stances, are being considered for the chair position. Coinbase's U.S. policy head, Kara Calvert, emphasized the importance of leadership in regulation for many in Washington.

The Significance of Trump's Win for the Crypto Market

Trump's promise to support the cryptocurrency market and the potential SEC reform inspire market players. With his intention to appoint a more crypto-friendly leader at the SEC, the industry expects significant growth and new opportunities for investment in blockchain technologies and digital assets.

Trump's presidential victory is a significant event for the cryptocurrency industry. Expect comprehensive SEC reforms under his leadership to encourage the development and integration of modern digital technologies.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Tier I

Requires 25% Tier Progress to Claim

Meme Cache

Tier I

Requires 50% Tier Progress to Claim

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Tier I

Sector: #18291

25%

50%

75%

100%

Tier II

Survivors rescued:

0 / 600

Survivors

0/0

Transmit Signal

Broadcast this sector's coordinates to other rescuers.

Other news

Regulatory Discussions on Stablecoin Yield and Banking Reserves

Regulatory discussions on stablecoin yield and banking reserves are ongoing in Washington, focusing on the implications for issuers and the requirement to maintain reserves in bank deposits.

Miguel Rodriguez8 minutes ago

Binance Declares Shutdown of Mining Pool Services.

Binance will discontinue its mining pool and related services on November 10, 2026, requiring miners to redirect their machines.

Rajesh Kumar9 minutes ago

Banks Counter Stablecoin Growth with Higher Deposit Rates

A new working paper reveals that banks can slow the growth of stablecoins by increasing deposit rates.

Luis Floresan hour ago

Polygon Labs Completes Acquisition of Coinme

Polygon Labs has finalized its acquisition of Coinme, enhancing its payment capabilities with numerous state licenses.

Arif Mukhtar2 hours ago

Bitcoin Open Interest Sees Slight Decline While Funding Rates Remain Positive

A recent snapshot of the Bitcoin derivatives market revealed that open interest has decreased by 0.69% over the past 24 hours, now standing at 768 billion. Despite this decline, the funding rate remains positive at 0.00035 per eight-hour interval, suggesting that long positions are still willing to pay shorts on perpetual contracts.