Following considerable financial support during the 2024 election, the digital asset industry is positioning itself for a significant transformation in how it is regulated.
What Happened: After years of dealing with unclear federal policies, and some hostile action by regulators, a change could be on the horizon under a new presidential administration, according to The Hill.
President-elect Donald Trump, who had earlier criticized digital currencies, shifted his stance during his campaign, to become the first presidential candidate to receive donations in digital assets.
This shift, coupled with bipartisan support within Congress, creates an opening for the passage of important legislation impacting the cryptocurrency sector.
According to Kristin Smith, head …
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