Trump Wins Presidency, Crypto Industry Anticipates Permissive Regulatory Environment
Donald Trump is projected to win the U.S. presidency for a third time, needing only three more electoral votes from a state leaning heavily towards the Republican party. While crypto has not been a major issue in this election cycle, Trump has made efforts to appeal to the industry, including speaking at a bitcoin conference and promising to fire the Securities and Exchange Commission Chair. His opponent, Kamala Harris, has made only general comments about supporting the industry. Trump is also projected to win the popular vote, a feat not achieved by a Republican since George W. Bush in 2004.
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Share link:In this post: Bitcoin has made a new all-time high as republican candidate Donald Trump takes an early lead in the polls. According to Polymaket, Trump’s winning rate has increased to 90.7%, the highest in history. Whales have emerged on Polymarket, betting millions of dollars on Trump winning the elections.
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