SEC official announcements or press releases

Trump's 2024 Victory Signals End of U.S. War on Crypto, First Pro-Crypto President Pledges Support

Dec 1, 2024, 04:41 PM

Following Donald Trump's victory in the 2024 U.S. Presidential Election, there are indications of a significant shift in the government's stance toward cryptocurrency. Analysts and commentators have noted that Trump's administration is expected to end what has been characterized as a 'war against crypto.' This perspective is supported by statements highlighting Trump as the first pro-crypto president, suggesting a more favorable regulatory environment for the digital asset industry. Trump's commitment to supporting cryptocurrency could lead to reduced government hurdles for crypto businesses, marking a new era for the sector.