November 22 Market Hotspot Overview:
Daily trading volume reached a 12-month high, with significant changes in market dynamics indicating a rebound in capital activity and market sentiment.
The Trump administration may establish a position of "Crypto Czar," with Chris Giancarlo seen as a leading candidate, expected to promote clarity in crypto industry regulation.
Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), will step down on January 20, 2025, a change that may have significant implications for cryptocurrency market regulation.
The U.S. Consumer Financial Protection Bureau (CFPB) has finalized digital payment rules for large non-bank companies but decided to exclude financial innovation products, including cryptocurrencies.
A Texas court overturned the SEC's expansion of the "dealer" rule, a ruling that provides legal protection for the crypto industry and reduces regulatory pressure.
