Crypto-Friendly SEC and Senate Banking Committee Expected After US Election: Bernstein Report
According to a report by broker Bernstein, the U.S. election results are expected to lead to a more crypto-friendly SEC and Senate Banking Committee. This could result in faster progress for stablecoin and market structure bills, and a potential rerating of wider crypto assets. The report suggests that regulatory clarity for digital assets may improve following Donald Trump's victory in the presidential race and the Republican party securing control of the Senate.
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