As Bitcoin rallies post Trump win, the crypto industry demands policy shifts to unlock growth and favorable regulation.
Bitcoin rallied by 30%, hitting $93,490, with future growth projections strong despite a brief pullback.
As the market gained momentum, the crypto industry was pushing for bold policy changes to accelerate digital asset adoption. Gensler. Rep. Pete Sessions accused the SEC of “selective enforcement.” Rep. Patrick McHenry called the agency a “rogue” entity, and Rep. Tom Emmer accused Gensler of “abusing” the SEC’s enforcement powers.
One primary demand is selecting a new SEC chair aligned with digital asset companies’ needs. This aims to create a more favorable regulatory environment for growth and innovation.“We’ve had an administration that’s been very negative, and so we’re looking forward to unlocking that gridlock. I think the voters of America said very clearly that they want to see that.
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