Elections Outlook Report - Flipbook - Page 37
Policy agenda
Very unlikely
Possible
Very likely
Pass stablecoin legislation
Pass bill to limit or ban CBDC
Pass comprehensive digital asset legislation, such as Lummis-Gillibrand
Pass legislation favorable to digital assets as a retirement tool
Trump Administration Cryptocurrency Executive Outlook
New Openness to Crypto
The previous Trump Administration was somewhat hesitant to push industry-friendly crypto policies, but during the most recent campaign, President
Trump spoke very positively towards the crypto industry. We expect the incoming administration to pursue an industry-friendly and responsible regulatory
framework for crypto. We would expect regulations for stablecoins with a preference for private issuers, and possibly a formal policy against a CBDC, given
the strong opposition among certain Republican legislators.
