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When Trump was president, he was not positive about crypto.
Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.
Experts make a run at predict how a secondTrump presidency would affect crypto regulations.
He explained that Trumps platform includes ambitious proposals such as establishing aU.S.
bitcoin reserve, creating a crypto advisory council and appointing crypto-friendly regulators.
He pointed out that Trump has proposed required support and easier regulations for the crypto industry.
[Trump] criticized and highlighted the strict approaches of the current administration.
Thus, he vowed to replacekey regulatory figureslike SEC Chair Gary Gensler after getting into power.
Overall, Morgan expects Trumps potential presidency could lead to more industry-friendly policies.
He is expected to create a national bitcoin strategy that will clearly oppose the central banks digital currencies.
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