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Jason Baker

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new crypto legislation may focus on cybersecurity and crime prevention measures

With a shift in power in Washington, D.C., the incoming Trump administration is expected to push pro-crypto legislation, focusing on regulatory frameworks for the industry. While the Financial Innovation and Technology for the 21st Century Act (FIT21) includes cybersecurity provisions, skepticism remains about significant regulatory advances due to the administration's close ties with crypto proponents. As the crypto industry continues to influence political dynamics, concerns about cybersecurity and the implications of a pro-crypto stance persist, particularly regarding the rise of cybercrime linked to digital assets.
CNBC
Coinbase Global, Inc. USA Patrick McHenry David O. Sacks Howard Lutnick Jason Baker Donald Trump Dusty Johnson Brittany Pettersen Faryar Shirzad Gary Gensler Steve Mcnew Glenn Thompson Paul Atkins Jeff Le Scott Bessent Show more
Regulatory & Legal, Market Report
15:40 12.01.2025
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