President-elect Trump's vision to make America the crypto capital of the world is a hope shared by the entire crypto industry, highlighting the collective desire for favorable regulation.
Crypto interests are pushing Congress for a new framework to integrate crypto into the financial system, with targeted changes at the SEC to reduce restrictions imposed during the Biden administration.
With 276 pro-crypto House members, the advocacy group Stand With Crypto has gained substantial bipartisan support, showcasing the industry's influence in reshaping financial regulations.
The new SEC leadership could roll back unpopular Biden-era rules that limit banks' cryptocurrency holdings, indicating a potential change in regulatory attitudes that would greatly benefit the crypto market.
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