Crypto Sector Eager for Policy Overhaul After Trump’s Big Win

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The industry, which spent $119m backing Trump and other candidates, is eager for crypto-friendly regulators to pave the way for greater adoption of digital assets The post Crypto Sector Eager for Policy Overhaul After Trump’s Big Win appeared first on Asia Financial.

Coinbase and other crypto companies spent more than $119 million backing pro-crypto congressional candidates, many of whom won their races, including Ohio Republican Bernie Moreno.

Jachym said there had been “negative pressure” from bank regulators on crypto relationships, which could change if lawmakers created a new crypto framework.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaThailand

Topics: World Capital Markets Asia Market Insights Fintech Fintech Insights ESG Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 11:56:47 (4 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 825 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © Asia Financial

News ID: 23655209

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 5 days ago

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