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JP Morgan Lists Changes It Expects to Happen to Bitcoin and Cryptocurrencies During the Trump Presidency!

The article discusses the potential impact of Donald Trump's presidency on the cryptocurrency market and regulations in the United States. JP Morgan analysts believe that the Trump administration and the Republican-dominated Congress could bring about six significant regulatory and market changes that could reshape the US cryptocurrency market. These changes include the approval of laws such as the 21st Century Financial Innovation and Technology Act, the Payment Stablecoin Clarity Act of 2023, and the Central Bank Digital Currency State Act. The analysts also suggest that high-profile lawsuits against companies like Coinbase could be resolved, and the SEC's SAB 121 law, which restricts banks from holding digital assets, could be repealed. Furthermore, the analysts anticipate the approval of more altcoin ETFs and expect clearer regulations to increase venture capital financing, mergers and acquisitions, and initial public offerings in the crypto sector. However, the creation of a strategic Bitcoin reserve for the United States, a promise made by Trump, is considered unlikely by the analysts.

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