Former U.S. President Donald Trump has won a second term, defeating Vice President Kamala Harris. Trump's victory is anticipated to result in a more favorable regulatory environment for the cryptocurrency industry, which he actively courted throughout his campaign. Despite crypto not being a central theme in this election cycle, Trump engaged the industry by attending a bitcoin conference and promising actions against current regulatory leadership, specifically aiming to remove SEC Chair Gary Gensler. In contrast, Harris's campaign offered limited engagement with crypto topics, providing only general support without going into specifics. Trump's outreach to the digital asset sector garnered significant financial and electoral support, reflecting his focus on adapting U.S. policies to benefit the burgeoning crypto market.

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