Crypto policy expert and attorney Jake Chervinsky believes that the outgoing Trump administration could take actions and implement regulations related to cryptocurrencies before President Trump leaves office on January 20th. One key issue on Trump's agenda is appointing a new chair for the Securities and Exchange Commission (SEC), with Chervinsky suggesting that Mark Uyeda has a strong chance at the position. Trump may also prioritize reversing recent enforcement actions by the SEC, including the high-profile prosecution of Tornado Cash for alleged sanctions violations. This potential shift in crypto policy could lead to a more business-friendly environment and a reduction in sanctions.
US Department of Justice Issues Statement on Bitfinex Hack That Stole Billions of Dollars of Bitcoin
Jito Labs records $78.9 million in monthly fees for October, doubling its previous record set in May