A New Era for Crypto Regulations: Bernstein's Outlook Following Trump's Victory
Following Trump's election win, Bernstein predicts a favorable shift in the U.S. regulatory landscape for cryptocurrencies.
A New Era for Crypto Regulations: Bernstein's Outlook Following Trump's Victory
The U.S. election result points to an improved regulatory framework for digital assets, with a more crypto-friendly Securities and Exchange Commission (SEC) and Senate Banking Committee anticipated after Donald Trump's victory and the Republican party's control over the Senate.
Report Insights
- Bernstein highlights that a new regime of crypto rule-making is expected, indicating that the current regulatory climate is undergoing transformative changes.
- Swift advancements are anticipated for stablecoin and market structure bills, benefiting stablecoin issuers like Circle and Paxos, alongside key U.S. crypto exchanges and broker/dealers.
The report expresses hope for clarity regarding the classification of digital assets and enforcement regulations by the SEC. This is expected to uplift the market sentiment for cryptocurrencies, which have suffered due to regulatory ambiguities.
Bernstein has cited potential collaborations with various crypto companies as they navigate through legal challenges posed by the SEC. Analysts foresee a robust future for crypto ETFs and national bitcoin reserves aligning with Trump's previous statements.
Translation: 选举结果预测数字资产的监管框架将得到改善，预计特朗普胜利后，由于共和党在参议院的控制，证监会和参议院银行委员会将更加支持虚拟货币。
