Crypto legislation likely coming under Trump, ex-SEC chief says
NEW YORK Nov 13 (Reuters) – Congress is likely to adopt legislation governing cryptocurrencies during President-elect Donald Trump’s administration, Jay Clayton, a former top Wall Street regulator and potential political appointee, said on Wednesday.
Clayton also said he favored easing regulatory burdens to encourage companies to go public, remarks foreshadowing broad-based changes in public policy now anticipated by industry, which spent heavily to influence this month’s elections.
“I think we will see crypto legislation,” Clayton told a gathering of securities lawyers in New York. “I think it becomes much easier to have crypto legislation if you’re tackling some of these problems that can be tackled at the executive and the…
