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Galaxy Flags New Risks for Crypto as Democrats Take Both Chambers

News.Bitcoin.com
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Galaxy Flags New Risks for Crypto as Democrats Take Both Chambers

Galaxy identified potential congressional scrutiny of Trump-linked crypto businesses after Democrats won both chambers. The firm expected Washington’s policy agenda to shift toward tougher oversight while federal regulators continued developing digital asset rules under existing authority. Warren and Waters Positioned to Lead Financial Committees Galaxy’s head of firmwide research, Alex Thorn, outlined risks for crypto […]

Key Takeaways

  1. Galaxy identified potential congressional scrutiny of Trump-linked crypto businesses after Democrats won both chambers.
  2. The firm expected Washington’s policy agenda to shift toward tougher oversight while federal regulators continued developing digital asset rules under existing authority.
  3. Warren and Waters Positioned to Lead Financial Committees Galaxy’s head of firmwide research, Alex Thorn, outlined risks for crypto […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.