BlockBeats reported that on October 30, wealth management company Mirabaud Group said that if Trump wins the US presidential election on November 5, cryptocurrencies may benefit from possible relaxed regulations, but this also poses risks to consumers.
John Plassard said in a report that a potential Trump administration may cancel some of the Biden administration's regulatory crackdowns and launch initiatives such as the National Strategic Bitcoin Reserve to position the United Kingdom as a global leader in the crypto space.
Trump's relaxed regulatory approach may attract more investment and innovation into the cryptocurrency space. However, it has also raised concerns about increased fraud risks and insufficient consumer protection. (Jinshi)