CITIC Securities: Trump returns to power, US cryptocurrency regulation begins a new chapter

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MarsBit
a day ago
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According to Caijing, a report by CITIC Securities stated that if Trump becomes the US president again in 2025, his primary task will be to clarify the regulatory responsibilities of the cryptocurrency industry, as he plans to relax the regulation of the cryptocurrency industry. In this context, the "21st Century Financial Innovation and Technology Act" currently stalled in the US Senate is expected to receive a new impetus. With the expected relaxation of the US regulatory environment, the US stock cryptocurrency industry chain is expected to receive a positive boost. It is recommended to pay attention to three directions: 1) The increased trading activity in the US cryptocurrency industry may benefit US cryptocurrency exchanges; 2) The policy benefits for the US cryptocurrency industry are expected to promote the growth of mining machine demand; 3) The development of the US cryptocurrency industry may benefit the US public utility sector.

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