Odaily星球日报讯 根据周一发布的一份报告，投资银行 TD Cowen 的研究部门预测，在即将上任的特朗普政府执政期间，美国对加密货币的监管情况可能会发生 180 度大转变（但无法保证）。 鉴于共和党控制的参议院和众议院将主导政治格局，尽管优势很小，分析师预测当选总统特朗普将能够利用他的“政治资本”推动以经济改革、贸易和减税为中心的议程。 研究人员写道：“我们认为，一旦特朗普任命新的 SEC 主席，加密货币执法可能会被搁置，无论 Gary Gensler 是否辞去 SEC 主席一职，特朗普都可以在 1 月 20 日任命新主席，这并不意味着在没有任何 SEC 监督的情况下，加密货币将成为狂野西部。新主席重新评估现有案件并寻找方法更清楚地说明加密货币公司如何遵守现有法律，这超出了我们的预期。” 尽管如此，研究人员认为，“鉴于特朗普团队的重点是延长减税和解决关税和贸易问题，加密货币不会成为其首要任务”。（The Block）

Odaily星球日报讯 根据周一发布的一份报告，投资银行 TD Cowen 的研究部门预测，在即将上任的特朗普政府执政期间，美国对加密货币的监管情况可能会发生 180 度大转变（但无法保证）。鉴于共和党控制的参议院和众议院将主导政治格局，尽管优势很小，分析师预测当选总统特朗普将能够利用他的“政治资本”推动以经济改革、贸易和减税为中心的议程。研究人员写道：“我们认为，一旦特朗普任命新的 SEC 主席，加密货币执法可能会被搁置，无论 Gary Gensler 是否辞去 SEC 主席一职，特朗普都可以在 1 月 20 日任命新主席，这并不意味着在没有任何 SEC 监督的情况下，加密货币将成为狂野西部。新主席重新评估现有案件并寻找方法更清楚地说明加密货币公司如何遵守现有法律，这超出了我们的预期。”尽管如此，研究人员认为，“鉴于特朗普团队的重点是延长减税和解决关税和贸易问题，加密货币不会成为其首要任务”。（The Block）

TD Cowen：两党加密法案更有可能在特朗普领导下获得通过，但不会成为首要任务

According to a report released on Monday, the research department of investment bank TD Cowen predicts that the regulation of cryptocurrencies in the United States may undergo a 180-degree turnaround (but cannot be guaranteed) during the upcoming Trump administration. Given that the Republican-controlled Senate and House of Representatives will dominate the political landscape, although the advantage is small, analysts predict that President-elect Trump will be able to leverage his "political capital" to push an agenda centered on economic reform, trade, and tax cuts. The researchers wrote: "We believe that once Trump appoints a new SEC chairman, cryptocurrency enforcement may be put on the back burner, regardless of whether Gary Gensler resigns as SEC chairman, Trump can appoint a new chairman on January 20, which does not mean that cryptocurrencies will become the Wild West without any SEC oversight. The new chairman will re-evaluate existing cases and find ways to more clearly explain how cryptocurrency companies can comply with existing laws, which exceeds our expectations." However, the researchers believe that "given the Trump team's focus on extending tax cuts and addressing tariff and trade issues, cryptocurrencies will not be their top priority." (<Odaily>)

According to a report released on Monday, the research department of investment bank TD Cowen predicts that the regulation of cryptocurrencies in the United States may undergo a 180-degree turnaround (but cannot be guaranteed) during the upcoming Trump administration. Given that the Republican-controlled Senate and House of Representatives will dominate the political landscape, although the advantage is small, analysts predict that President-elect Trump will be able to use his "political capital" to push an agenda centered on economic reform, trade, and tax cuts. The researchers wrote: "We believe that once Trump appoints a new SEC chairman, cryptocurrency enforcement may be put on hold, regardless of whether Gary Gensler resigns as SEC chairman, Trump can appoint a new chairman on January 20, which does not mean that cryptocurrencies will become the Wild West without any SEC oversight. The new chairman will re-evaluate existing cases and find ways to more clearly explain how cryptocurrency companies can comply with existing laws, which exceeds our expectations." However, the researchers believe that "given the Trump team's focus on extending tax cuts and addressing tariff and trade issues, cryptocurrencies will not be their top priority."

TD Cowen: Bipartisan crypto bill more likely to pass under Trump, but won’t be a top priority

Odaily Planet Daily Report: Auros Hong Kong Managing Director Le Shi said: "The dust of Trump's victory has not yet settled, and given Trump's support for cryptocurrencies, a certain degree of rise is just a matter of time, which is what we are seeing now." Driven by strong demand for the US Bitcoin spot ETF and the Federal Reserve's interest rate cuts, Bitcoin has risen about 90% so far in 2024, setting a new record after the US election, outperforming the returns of investments such as stocks and gold. Digital asset companies and executives invested heavily during the US election to support the candidate Trump, who was seen as beneficial to their interests, as Noelle Acheson, the author of "Crypto Is Macro Now," wrote: "Trump has promised to support regulation, and the full support of the House and Senate greatly increases the likelihood of cryptocurrency bills being passed."

Digital asset trader predicts more friendly U.S. crypto regulatory environment

The digital asset industry is on the verge of a golden age. Cryptocurrency in the United States is expected to see a new regulatory approach, with more support from both houses of Congress and the White House. The industry has demonstrated its political power, sending a strong warning to its opponents, with the impact spanning the political spectrum. The severe headwinds that have hindered the industry's progress and increased legal costs over the past four years have weakened, and now the cryptocurrency industry is moving forward with the wind in its sails in the world's largest capital market.

Regarding Tuesday night
President-elect Donald J. Trump made history - becoming the second president in U.S. history to win a non-consecutive second term as president. The only other person to achieve this...

The digital golden age has arrived

Odaily Planet Daily Report: About six M&A advisors and venture capitalists believe that Trump will fulfill his promise to fire Gary Gensler, who has been implementing crypto regulation through enforcement for many years. Experts also believe that Trump may pave the way for more favorable crypto regulation. Given these impending changes, M&A advisors and venture capitalists say they expect crypto M&A deals to accelerate next year. Casper Johansen, head of advisory at The Spartan Group, said: "With Trump taking office, we expect 2025 to be a more active year for deals." Haseeb Qureshi, managing partner at Dragonfly Capital, said Trump's victory and changes in SEC leadership will alleviate concerns about deals being blocked, business channels being declared illegal, or the SEC taking legal action. Some investment bankers focused on digital assets say they expect many CEOs to use acquisitions to accelerate expansion plans during Trump's second term as president. Some crypto companies that have revealed deal plans include brokerage FalconX and stablecoin issuer Tether. In June, Tether said it expects to invest $1 billion in deals over the next 12 months. There is also the $70 billion fintech company Stripe Inc., which announced last month plans to acquire stablecoin startup Bridge for about $110 million. Uncertainty around U.S. regulations and the SEC is not the only challenge in executing M&A deals. A key reason for failed deals is that buyers and sellers cannot agree on the company's valuation. Most crypto companies raised funds during the 2022 bull market, meaning their latest funding valuations are much higher than current market levels. If buyers and sellers cannot reach an agreement, the deal will fail. However, Qureshi said: "On balance, I expect the next four years to be much more favorable than the past four."