With Joe Biden out of the US presidential race, there does not appear to be a strong candidate who can seriously challenge DonaldTrump at the moment, according to 10x Research. The results of the November election appear to have been decided without a vote. For Bitcoin, this means that a pro-cryptocurrency government will be in the White House. History has shown that when a new administration comes to power, the SEC chairperson usually resigns. Although the current SEC chairperson Gensler's term...
Investment firm Pantera Capital has observed a significant change in US President Joe Biden's attitude towards crypto policy. This is despite Biden's recent blocking of a pro-crypto industry bill that seeks to eliminate a controversial directive from the Securities Exchange Commission (SEC) that prevented major US banks from offering large-scale crypto custody services. Pantera Capital analysts Jiang and Lowe quoted CCN as saying that Biden vetoed...