What awaits the cryptocurrency market under Trump's leadership: opportunities and risks

user avatar

by Giorgi Kostiuk

2 years ago

As the US presidential elections approach, there is growing interest in potential changes in cryptocurrency regulation under Trump's leadership. What implications could this have for the XRP market and the SEC?

Changes in Cryptocurrency Regulation

Donald Trump expressed his intention to implement clear regulatory policies for cryptocurrencies during his campaign. This includes Gary Gensler's exit and the creation of a strategic Bitcoin reserve. Meanwhile, Gensler, in a recent speech, confirmed that Bitcoin is not a security but continues to view XRP as one.

Criticism of SEC and Ripple Case

Crypto lawyer James Murphy criticized the SEC for using the term 'Digital Asset Securities.' The crypto community calls for the resolution of the long-standing SEC vs Ripple case, while Ripple CEO Brad Garlinghouse anticipates the issue to be resolved after Trump's victory. Lawyer Bill Morgan notes that the price of XRP is not influenced by Ripple's efforts.

Future SEC Chair and its Impact

Attorney John E. Deaton suggested Brad Bondi for the SEC chair position due to his views on DeFi and self-custody. Former SEC official John Reed Stark noted that Bondi might halt all SEC crypto investigations.

I would expect Brad, on his first day at SEC headquarters, to order an immediate stop on all SEC crypto-related investigations.None

The forthcoming changes could significantly impact the cryptocurrency market. Clear regulatory policies under Trump's leadership are expected to resolve long-standing conflicts such as the Ripple case and strengthen XRP's market position.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

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.

Other news

Bitcoin Expected to Hit Bottom Today, October 5, 2026

Bitcoin is trading around 86,100, with predictions suggesting it is at the bottom on October 5, 2026.

user avatarRajesh Kumar

Bitcoin Hits Predicted All-Time High on October 6, 2025

On October 6, 2025, Bitcoin reached an all-time high of 126,198.07, fulfilling a bold prediction made by a 4chan user based on numerological patterns.

user avatarGustavo Mendoza

FinCEN Withdraws Controversial Crypto Surveillance Proposals

FinCEN has withdrawn its proposals targeting unhosted wallets and crypto mixers after pushback from industry stakeholders and privacy advocates.

user avatarMiguel Rodriguez

Justin Sun Prize Awards New Recipients for Contributions to Erdős Problems

The Office of Justin Sun has announced the newest recipients of the Justin Sun Prize, recognizing independent researcher Wouter van Doorn, mathematics PhD student Quanyu Tang, and mathematics researcher Yanyang Li for their contributions to solving Erdős problems.

user avatarLuis Flores

Greek Servicemen Among Suspects in Cryptocurrency Pyramid Scheme

Two Greek servicemen are implicated in a cryptocurrency pyramid scheme that defrauded approximately 10,000 investors out of 8 million euros.

user avatarArif Mukhtar

MEXC and Payward Explore Collaboration at TOKEN2049

MEXC and Payward are exploring a collaboration to enhance user experience in digital asset trading.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.