Trump vs. Gensler: How A Potential Trump Victory Could Affect XRP🔥
With the possible return of Donald Trump to the presidential chair, the cryptocurrency market is undergoing expected changes, especially in the area of regulation. One of the main figures that could come under pressure is SEC Chairman Gary Gensler, who is known for his tough stance on crypto-assets. If Trump goes ahead with his plans to deregulate the market, it could lead to personnel changes at the SEC, giving XRP a long-awaited breath of fresh air after years of legal struggles.
Gensler's firing could be a catalyst for XRP, allowing Ripple to focus on growth without the threat of new lawsuits. The absence of strict regulatory barriers can stimulate demand for XRP, increasing its market price and investor confidence.
