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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.