Most Anticipated Changes In Crypto Regulation In 2025: Hope For Regulatory Clarity?
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The curtain on 2024 is dropping soon, and it is time to take a look back at all the big milestones the crypto industry has seen this year. It was a big year for crypto, with the crypto regulation and market making big moves. The Ripple v. SEC trial reached a conclusion with increasing institutional interest, Trump’s election win and pro-crypto stance, as well as the big one – Bitcoin crossing the 100K mark. Crypto has never been more accessible and widely accepted among individual investors and institutions alike. As per research, the crypto market revenue worldwide is estimated to be $56.7 Billion this year. It is projected to reach $45.3 Billion in 2025. In the US alone, this figure is expected to reach $45.3 Billion by 2025, despite regulatory uncertainty and challenges. That said, the regulatory landscape in the US looks on the verge of change. The Trump administration is expected to take a more pro-crypto stance, with promises made to that effect. Is This The Most Pro-Crypto Congress Yet? President-elect Donald Trump has made many promises to the crypto industry. Firing Gary Gensler, creating a “strategic Bitcoin reserve,” and creating a more supportive environment for the crypto industry, are some of them. This has filled industry stalwarts and regular investors alike, with hope for much-required clarity on several aspects within the sector. That Gary Gensler is set to resign next month is perhaps only the beginning of what could possibly be a new era for the cryptocurrency industry in the US. – Advertisement – “Stars Have Aligned” For Clarity in Crypto Regulation The US House Financial Services Committee, a congressional committee overseeing legislation on financial services, is expected to make some major moves in crypto. Leading its digital asset-focused panel is Rep. French Hill. He has prior experience…
Filed under: News - @ December 26, 2024 7:27 pm