Crypto Sector Hopes Trump Brings ‘Level Regulatory Playing Field’
For years, the cryptocurrency sector has asked the U.S. for a clearer regulatory framework.
With a new president to take office, the industry is hoping it will get its wish, Bloomberg News reported Sunday (Jan. 19).
Near the top of the crypto world’s “wish list” from the Trump administration, the report said, is an executive order requiring regulators to work together on a digital asset policy framework. Although the classification of crypto assets is still up to Congress, an executive order could lead regulators to produce research pushing the issue forward, the report added.
As Bloomberg noted, the president-elect has chosen a number of pro-crypto figures to fill out his Cabinet, such as former Securities and Exchange…
