According to a report by JPMorgan, Donald Trump's presidency is bringing about a new era for cryptocurrencies in the United States. The report states that the total cryptocurrency market cap has increased by 65% since Trump's reelection in November. The incoming administration has shown a positive attitude towards cryptocurrencies, discussing market regulation and promoting the asset class. The report suggests that the worst regulatory environment for crypto is now in the past and that the industry will become safer and more transparent under Trump's administration. However, JPMorgan warns that policy impacts may take up to nine to twelve months to be seen. The bank also notes that Trump's nomination for the chair of the Commodity Futures Trading Commission is crucial for regulating bitcoin and ether. A more productive regulatory environment is expected to lead to more token listings and encourage innovation in the crypto industry.



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