President Trump

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/trump-appoints-pro-crypto-allies-at-sec" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trump Appoints Pro-Crypto Allies at SEC</a><br></p>
<p style="text-align: justify">In a pivotal move for the cryptocurrency landscape in the United States, former President Trump has expressed intentions to ease regulatory pressure on digital currencies. With recent appointments favoring pro-crypto officials in key positions such as Treasury Secretary and SEC Chairman, the environment appears more favorable for cryptocurrencies. This shift signifies a potential turning point for investors and market participants.</p>
<h2 style="text-align: justify" id="what-changes-are-expected-for-the-sec">What Changes Are Expected for the SEC?</h2>
<p style="text-align: justify">An anticipated vote for SEC member Caroline Crenshaw has been canceled, which means she will not be part of the new administration. Known for her opposition to cryptocurrencies, her absence signals a dramatic shift toward a more crypto-friendly SEC.</p>
<h2 style="text-align: justify" id="will-the-sec-shift-to-republican-control">Will the SEC Shift to Republican Control?</h2>
<p style="text-align: justify">As Trump’s administration settles in, he aims to eliminate anti-crypto voices from influential positions. SEC Chairman Gensler has announced he will depart after the 2024 elections, further clearing the way for pro-crypto policies. With Crenshaw unable to gain re-nomination, the SEC is likely to be dominated by Republicans by next year, impacting regulatory decisions significantly.</p>
<ul>
 <li>The SEC will likely lean Republican with Crenshaw’s absence.</li>
 <li>Current commissioners have previously supported cryptocurrency initiatives.</li>
 <li>Gensler’s departure allows for a new regulatory landscape.</li>
</ul>
<p style="text-align: justify">Trump’s appointments position the SEC to adopt a more favorable stance towards digital assets, suggesting that the regulatory landscape may soon align more closely with the interests of the cryptocurrency community. This could lead to a more supportive environment for innovation and investment in the sector.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/trump-appoints-pro-crypto-allies-at-sec" data-wpel-link="internal" rel="noopener noreferrer nofollow">Trump Appoints Pro-Crypto Allies at SEC</a></h5>

Trump Appoints Pro-Crypto Allies at SEC

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