Donald Trump’s Nov. 5 win in the United States presidential election sets the stage for more institutional cryptocurrency adoption, according to a Benchmark research note.
Regulation news
A Trump administration may lead to a less restrictive SEC Chair and more transparent crypto regulations.
Alchemy Pay’s new MTL licenses in Minnesota, Oklahoma, Oregon and Wyoming bring its total to eight US state licenses.
Spot Bitcoin ETF recorded a new all-time high of over $1.37 billion in net inflows a day after Trump’s victory.
Web3 professional Agne Linge believes that for broader DeFi adoption, regulations must catch up to make people feel safe.
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.
Detroit says the move to begin accepting crypto as payment for taxes and other city services was part of a broader effort to “modernize and improve” its payment channels.
Trump’s win sparked a surge of interest in crypto, Galaxy’s CEO reportedly said.
In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March.
The prediction market has listed contracts for betting on events including a prospective Trump impeachment.