Circle chief executive Jeremy Allaire thinks President Donald Trump will enable banks to trade crypto assets. In a new interview with Reuters, Allaire predicts Trump will sign a flurry of executive orders (EOs) enabling banks to hold digital assets in portfolios, trade them and offer crypto services to wealthy customers.
The SEC’s statement regarding the commission doesn’t really provide much insight into what it will seek to do, other than “provide clarity” on the rules regulating the crypto industry. It will likely achieve that by just stripping back those rules altogether,
DAVOS, Switzerland (Reuters) - The CEO of German insurer Allianz said on Wednesday that he expected fewer regulatory fines under U.S. President Donald Trump than under Joe Biden's administration, which he called "extortion".
President Donald Trump has elevated Republican Commissioner Mark Uyeda to take over the SEC from a now-departed Gary Gensler.
President-elect Donald Trump's new pick for Chair of the U.S. Securities and Exchange Commission (SEC) is reportedly expected to start his tenure by revamping the agency's crypto policies.
Looking ahead, some analysts think the stock market will keep soaring as Trump pushes for deregulation and tax cuts during his second term. For instance, while on the campaign trail, he proposed lowering the corporate tax rate to 15% for domestic manufacturers. That could boost net profit margins and send the stock market higher.
Investors considering alternative strategies should proactively adjust their portfolios to anticipate these potential changes.
Digital currencies values surges amid expectation that new administration will support ‘crypto-friendly’ environment
Bitcoin and other cryptocurrencies recoiled after Trump's first set of policies following inauguration did not refer to this asset class.
Donald and Melania Trump launched new cryptocurrencies over the weekend. Some experts are advising investors to be cautious.
Just days after President Donald Trumplaunched his new crypto token, two asset management firms jointly sought regulatory approval to debut an exchange-traded fund tied to the digital currency or "meme coin,