A Focus on Cryptocurrencies
Cryptocurrencies Stand To Gain From New Regulators and a Receptive Congress
The new president and Congress are likely to be more supportive of digital assets, and bills creating a regulatory framework for cryptocurrency may be passed. The SEC may have a lighter touch with crypto rules and enforcement.
A Significant Shift Away From ESG and Toward Crypto Is Expected at the SEC
ESG proposals likely will be revised or withdrawn under a new SEC, while a framework for cryptoasset regulation will be a priority. Enforcement policy may return to focusing on investor harm, and capital formation may get more attention.