US election result will likely lead to better crypto regulation: S&P analysts
The outcome of the 2024 U.S. elections, which saw Republicans taking control of the White House, Senate, and Congress, could significantly reshape the regulatory landscape for cryptocurrency in the country, according to S&P analysts.
According to a recent S&P Global report shared with crypto.news, this political shift may transition the U.S. approach to crypto regulation from enforcement-led measures to a more predictable rule-making framework.
The U.S. has trailed other major markets in advancing regulatory clarity for digital assets. Regions like Europe have introduced structured frameworks for stablecoins and other crypto activities.
Stablecoins, a type of cryptocurrency tied to fiat currencies like the U.S….
