The cryptocurrency market responded positively to Donald Trump’s election victory, with rallies driven by the hope that his administration will establish a clearer regulatory framework. Observers are optimistic about Trump's pro-industry stance.
Despite this optimism, some stakeholders, including SEC Commissioner Peirce, express concerns about the readiness of the Securities and Exchange Commission (SEC). They believe that the SEC needs to make further progress in preparing for the potential regulatory changes anticipated under Trump's administration.
