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If Trump wins, the SEC may take a softer approach to crypto enforcement

If Trump wins, the SEC may take a softer approach to crypto enforcement

Odaily2024/07/20 14:48
By: Odaily
BTC+0.19%
Odaily News The cryptocurrency industry is hoping the upcoming U.S. presidential election will put someone with a softer approach to law enforcement in the White House, ending a long battle with Wall Street’s top regulator. Former President Trump has recently grown close to the cryptocurrency industry, even inviting supporters to a July 27 bitcoin fundraiser. While the Republican nominee has criticized cryptocurrencies during his time in office, his recent comments have been friendlier — and lawyers expect the Securities and Exchange Commission (SEC) will stop pursuing the digital asset space so aggressively if he wins. (Bloomberg)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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