{"id":141679,"date":"2024-11-08T10:00:24","date_gmt":"2024-11-08T08:00:24","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141679"},"modified":"2024-11-07T18:26:30","modified_gmt":"2024-11-07T16:26:30","slug":"justin-sun-welcomes-trumps-win-envisions-pro-crypto-shift-in-u-s-policya","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/justin-sun-welcomes-trumps-win-envisions-pro-crypto-shift-in-u-s-policya\/","title":{"rendered":"Justin Sun Welcomes Trump\u2019s Win, Envisions Pro-Crypto Shift in U.S. Policya"},"content":{"rendered":"<p>Trump\u2019s victory, celebrated by many in the crypto industry, has fueled optimism that pro-crypto policies may emerge, potentially shifting the regulatory landscape, particularly in relation to the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler.<\/p>\n<p>In a lighthearted comment, Sun mused on the future of Gensler\u2019s role, noting Trump\u2019s campaign promise to replace the SEC chair on his first day. Sun hinted at the possibility of employing Gensler if he approached the industry with genuine openness, jesting that he should observe from the sidelines, much like the treatment crypto firms feel they\u2019ve endured under current regulatory practices.<\/p>\n<p>Trump\u2019s pro-industry stance has already sent waves through the market, pushing Bitcoin to a fresh all-time high of $75,358, as the market surged approximately 7% in the 24 hours following the election.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-141634\" href=\"https:\/\/cryptodnes.bg\/en\/france-eyes-possible-ban-on-polymarket-over-gambling-concerns\/\" title=\"France Eyes Possible Ban on Polymarket Over Gambling Concerns\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/05\/france-flag-2-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">France Eyes Possible Ban on Polymarket Over Gambling Concerns<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Sun\u2019s post echoed a broader sentiment within the crypto community, as prominent figures like Coinbase\u2019s Chief Legal Officer, Paul Grewal, called for a shift from punitive measures to constructive engagement with the sector. Grewal remarked that the election results signaled a call for change, urging the SEC to cease its lawsuits against crypto companies and work toward clearer regulations.<\/p>\n<p>Coinbase CEO Brian Armstrong also highlighted the impact of crypto\u2019s voter base, interpreting the election outcome as a win for the sector. Together, these voices reflect a renewed hope within the industry that the new administration may foster a more supportive environment for digital assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the election of Donald Trump as the 47th president of the United States, Justin Sun, founder of Tron, took to social media platform X to extend his congratulations.<\/p>\n","protected":false},"author":3,"featured_media":22904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[72,280,424,384,122],"coin_category":[],"class_list":["post-141679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-bitcoin","tag-coinbase","tag-crypto","tag-optimism","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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