Trump Wins Presidency, Crypto Industry Anticipates Permissive Regulatory Environment

Donald Trump is projected to win the U.S. presidency for a third time, needing only three more electoral votes from a state leaning heavily towards the Republican party. While crypto has not been a major issue in this election cycle, Trump has made efforts to appeal to the industry, including speaking at a bitcoin conference and promising to fire the Securities and Exchange Commission Chair. His opponent, Kamala Harris, has made only general comments about supporting the industry. Trump is also projected to win the popular vote, a feat not achieved by a Republican since George W. Bush in 2004.