Industry experts predict favorable crypto regulations regardless of the 2024 U.S. presidential election outcome, with bipartisan legislative support already showing progress.
Key Insights:
Galaxy Digital's Mike Novogratz and other industry leaders believe positive regulatory changes for the crypto industry are imminent, regardless of the next POTUS.
Former President Donald Trump has shown support for the crypto industry, including miners and more transparent regulations.
Even without Trump's influence, the House of Representatives has passed several pro-crypto bills, such as the FIT21 Act of 2024, with strong bipartisan backing.
This raises the question: Does the crypto industry need Trump?
Novogratz forecasts Bitcoin's price to stay range-bound between $55k and $73k.
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