Jay Clayton, the former chairman of the U.S. Securities and Exchange Commission (SEC), has expressed optimism about a potential pro-cryptocurrency shift under the Trump administration. Clayton believes that there could be significant changes in cryptocurrency legislation, which might ease regulatory burdens on digital assets.
The expectation of a pro-crypto stance is rooted in Trump's team's potential interest in fostering innovation and growth in the digital asset sector. By reducing regulatory constraints, the administration could enable further development and adoption of cryptocurrencies.
With these anticipated legislative changes, the future landscape for cryptocurrencies in the U.S. could become more favorable, potentially promoting greater engagement and investment in the sector.
Source: news.bitcoin.com ↗