CITIC Securities: Trump returns to power, US cryptocurrency regulation begins a new chapter
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Odaily report: A research report by CITIC Securities stated that if Trump is elected as the US President in 2025, his primary task will be to clarify the regulatory responsibilities of the cryptocurrency industry, should he plan to relax regulations on the industry. In this context, the <21st Century Financial Innovation and Technology Act> currently stalled in the US Senate may see 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 suggested to pay attention to three directions: 1) The increased trading activity in the US cryptocurrency industry may benefit US stock cryptocurrency exchanges; 2) The policy benefits for the US cryptocurrency industry may promote the growth of mining machine demand; 3) The development of the US cryptocurrency industry may benefit the US public utilities sector. (Jinshi)
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