Agency: If Trump wins the election, it may bring dividends to cryptocurrencies, but risks also exist

Cointime2024/10/30 13:01

By: Cointime

wealth management company Mirabaud Group stated that if Donald Trump wins the US presidential election on November 5th, cryptocurrencies may benefit from relaxed regulations, but this also brings risks to consumers. John Plassard stated in a report that a potential Trump administration may cancel some of the regulatory crackdowns by the Biden administration and launch initiatives such as a national strategic bitcoin reserve, positioning the United States as a global leader in the cryptocurrency field. Trump's relaxed regulatory approach may attract more investment and innovation into the cryptocurrency field. However, this has also raised concerns about increased fraud risks and inadequate consumer protection.

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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Agency: If Trump wins the election, it may bring dividends to cryptocurrencies, but risks also exist

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