How Crypto Regulation Could Change
- Perkins Coie partner previews crypto oversight next term
- New administration and SEC will raise industry profile
President-elect Donald Trump has pledged to make the US “the crypto capital of the planet.” He envisions creating a Bitcoin strategic reserve, restoring crypto mining, and deregulating the sector.
Last month, Bitcoin reached a new milestone and soared to over $108,000, sparking optimism for the future of cryptocurrency. Crypto leaders hope the new administration will work with the industry on rules rather than pursue regulation by enforcement.
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