A research report by broker Bernstein suggests that the U.S. election results, with Donald Trump winning and the Republican party securing control of the Senate, will lead to a more crypto-friendly Securities and Exchange Commission (SEC) and Senate Banking Committee. This is expected to bring about regulatory clarity and progress for stablecoin and market structure bills. The report also predicts a rerating of wider crypto assets and anticipates the introduction of more exchange-traded fund (ETF) products based on various cryptocurrencies. Additionally, the report mentions a potential national bitcoin reserve and increased focus on mining growth in the U.S. following Trump's pre-election promise.



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