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What level of industry input will new crypto regulations have by December 31, 2025?
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Trump•Donald Trump•America•Biden•Bitcoin•JD Vance•Tulsi Gabbard•Ethereum•Litecoin•Wall Street Journal•SEC•Binance•Coinbase•Kraken•Commerce•Howard Lutnick•Tether•Crypto Czar
Resolution / Starting Odds
High industry input • 25%
Moderate industry input • 25%
Low industry input • 25%
No new regulations • 25%
Official regulatory announcements or reports from credible financial news sources
Story
Trump Administration to Ease Crypto Regulations, Appoint Crypto Czar Amid Industry Input
Dec 2, 2024, 06:52 AM
The incoming Trump administration is poised to significantly alter the regulatory landscape for cryptocurrencies in the U.S. President-elect Donald Trump has made it a campaign priority to position America as a global leader in digital currencies, potentially leading to the withdrawal of lawsuits and regulatory actions initiated by the Biden administration against Bitcoin and other cryptocurrencies. Key figures in Trump's lineup, including Senator JD Vance with substantial Bitcoin holdings worth over $250,000 and Tulsi Gabbard with early investments in Ethereum and Litecoin since 2017, indicate a pro-crypto stance. The Wall Street Journal suggests that the SEC might ease its legal battles against crypto exchanges like Binance, Coinbase, and Kraken. Trump's Commerce nominee, Howard Lutnick, known for his connections to Tether, further underscores the administration's interest in digital assets. There are also plans to appoint a 'Crypto Czar' and seek industry input for the SEC Chair position, signaling a shift towards a more favorable environment for cryptocurrency innovation.
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CFTC leads • 25%
Joint leadership • 25%
No change • 25%
SEC leads • 25%
Stricter regulations • 25%
Tax exemption for crypto • 25%
Other • 25%
Introduction of a digital dollar • 25%
Moderately eased • 25%
Increased regulation • 25%
No change • 25%
Significantly eased • 25%
Fines or settlements • 25%
Other regulatory actions • 25%
No action • 25%
Criminal charges • 25%
Negative impact • 25%
Significant positive impact • 25%
Moderate positive impact • 25%
No significant impact • 25%
