CITIC Securities' latest research report points out that if Trump returns to the White House in 2025 and plans to relax regulations on the cryptocurrency industry, it could bring new development opportunities for the industry. First, clarifying regulatory responsibilities will become a primary task, which may promote the progress of the "21st Century Financial Innovation and Technology Act."

Against the backdrop of expected regulatory easing, the U.S. cryptocurrency industry chain may see a positive boost. Specifically, the trading activity of U.S. cryptocurrency exchanges may rise, and the demand for mining machines may also grow due to favorable policies. In addition, the utility sector is also expected to benefit. 📈💡