TechFlow news, November 12 — According to The Block, TD Cowen's research division released a new report indicating that under the incoming Trump administration, the U.S. cryptocurrency regulatory environment could undergo significant changes. Analysts expect Trump to appoint a new SEC chair on January 20, 2025, after which crypto enforcement actions may be paused.
The report highlights two potential paths for stablecoin regulation: enacting dedicated legislation or incorporating it into broader crypto market structure bills. However, as the Trump administration is expected to prioritize tax cuts and trade policies, crypto legislation is unlikely to advance until later in 2025. Additionally, the industry’s stance on anti-money laundering compliance could also influence the legislative timeline.
