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Stock impact report

Crypto readies its wish list for Trump [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
For more than a decade, there was a lack of clarity from federal regulators that left industry advocates frustrated, especially as the Biden administration went after crypto giants including Coinbase and Ripple for allegedly selling unregistered securities and urged caution with banks and investors. But President-elect Trump, who once dismissed crypto as a “scam,” embraced it on the campaign trail, becoming the first presidential candidate to accept digital assets . Over on Capitol Hill, lawmakers from both sides of the aisle could send comprehensive crypto legislation to his desk during the next Congress. “With a bipartisan, pro-crypto Congress and pro-crypto president next year, the pieces are in place to get smart policy — including stablecoin and market structure legislation — across the finish line that will shape the American crypto industry for years to come,” Kristin Smith, CEO of the Blockchain Association, told The Hill. “Looking ahead to 2025, it's critical that the Show less Read more
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