A crypto-friendly SEC and Senate Banking Committee are anticipated following Donald Trump's recent election victory, according to a report from Bernstein. This shift is expected to accelerate progress for stablecoin legislation and market structure bills, positively impacting issuers like Circle and Paxos, as well as major U.S. crypto exchanges. Bernstein forecasts a new era of regulatory clarity for digital assets, with an anticipated differentiation between digital assets and securities. The report notes that ongoing SEC legal battles with prominent crypto firms may shape future regulations. Additionally, asset managers are likely to introduce more cryptocurrency-based ETFs. Furthermore, Trump’s promise of establishing a national bitcoin reserve and promoting mining in the U.S. indicates a strategic focus on expanding the crypto landscape.

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