Will Trump's pro-crypto policies last past his presidency?
President-elect Donald Trump is set to prioritize crypto with executive orders aimed at reducing regulatory pressure and establishing a crypto advisory council.
However, the longevity of these policies beyond his administration remains unclear. According to experts, if the political landscape shifts, especially if Democrats take control again, pro-crypto initiatives of Trump may be vulnerable to repeal, especially those enacted through executive orders, which are easier to overturn than congressional legislation.
If a future administration reinstates stricter regulations, it could destabilize the market, leading to decreased investor confidence and potential crashes.
A lack of oversight can expose novice investors to high volatility and unregulated assets, increasing the risk of severe financial losses.
Trump's policies may be repealed if congressional control shifts occur, particularly if they are thought to prioritize uncertain practices over consumer protection.
The next two years will be critical for implementing substantial reforms before potential midterm shifts in power.
However, under the presidency of Trump, the SEC is expected to play a pivotal role in reshaping crypto policies. With new leadership, including anticipated SEC chair Paul Atkins, the agency aims to ease regulations that have been perceived as burdensome.
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