Former President Donald Trump's ongoing embrace of cryptocurrencies has galvanized the advocates of the asset class like never before, with many persuaded by the firebrand leader’s huge promises for the sector if he returns to office.
However, vociferous poll campaigning and introducing concrete policy changes needed for the sustained growth of the digital asset ecosystem could be two very different things.
To cut through the noise, Benzinga talked to experts to understand the potential changes the industry can expect if Trump makes his way to the White House again.
What Can We Expect?
Oliver Lynch, CEO of cryptocurrency exchange Bittrex Global, predicted key personnel changes at the Securities And Exchange Commission (SEC), as part of Trump's efforts to bring the regulator in line with his new cryptocurrency-friendly policies.
"Even in advance of an actual victory, key SEC personnel may — if a Trump victory looks likely — start to pivot in anticipation of such a change," Lynch opined.
That said, he doubted if such changes would be “instantaneous," as ...