Trump's pro-cryptocurrency policies and the continued depreciation of the yen are driving a surge in demand for bitcoin in Japan.
Former President Donald Trump, a self-proclaimed pro-crypto candidate, plans to end the "anti-crypto movement" within an hour of taking office, but his team has remained silent on specific policies. Current SEC Chairperson Gary Gensler is in office until 2026, and Trump cannot immediately remove him. The president can only fire SEC commissioners for "inefficiency, negligence, or malfeasance." Incumbent President Joe Biden has nominated Caroline Crenshaw for re-election as SEC commissioner, and t...