Analysis:Crypto industry pushes for policy sea change after Trump victory

Quick Summary:

The crypto industry is pushing for an ambitious raft of policies that would promote the widespread adoption of digital assets and considering who best to promote them, as they anticipate a cryptocurrency-friendly regime under President-elect Donald Trump.

The industry also expects Trump's bank regulators to take a softer stance on crypto.

Jonathan Jachym, global head of policy at crypto exchange Kraken, said the industry was considering who would be suitable for leadership positions to drive policy.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Policy Crypto Executives Executive Congress Companies Administration Trump July Bitcoin Industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 19:01:29 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 903 words

Reading Time: 6 minutes read

Sentences: 36 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23584338

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 46 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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