Crypto Lobby Eyes New Legislation Following Trump’s Election Win

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Crypto Lobby Eyes New Legislation Following Trump’s Election Win Following Donald Trump’s presidential victory and the establishment of a Republican majority in Congress, the crypto industry is gearing up for a legislative shift that could reshape U.S.crypto regulations.

Limited Protections for Key Assets: FIT21 does not fully address protections for assets like stablecoins and DAO (decentralized autonomous organization) tokens, which are integral to the evolving crypto ecosystem.

With renewed influence in Congress, crypto insiders are eyeing alternative legislation that could better align with the industry’s interests, particularly under a pro-crypto administration.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto Lobby New Legislation Trump Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 10:04:10 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 702 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23460106

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 17 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #121

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