Post
Topic
Board Bitcoin Discussion
Re: Victory for trump is a win for bitcoin
by
finaleshot2016
on 17/11/2024, 23:18:39 UTC
I know Donald trump becoming the president of US will really make good impact to the bitcoin market. Do you think such like mixers, exchanges , and others related to bitcoin will also benefit in terms of regulation?
The answer is simple.

If Trump takes a more business-friendly approach, it could actually help parts of the crypto market in general. Establishing laws and regulations might make exchanges more safe, enhancing security, which could attract more investors. But on the other side, stuff like mixers could get hit with stricter rules because of concerns about illegal use. It’s really a 50-50, depending on how they handle it. Overall, any major shifts in regulation would likely depend on the policies of his administration, especially with the u.s. sec and other agencies. It’s a bit of a balanced, more regulation could offer security but might limit some aspects of crypto freedom.