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Trump’s inauguration nears, but crypto promises could ‘take some time’ — NYDIG

Trump’s inauguration nears, but crypto promises could ‘take some time’ — NYDIG

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Source: Coin Telegraph

Donald Trump’s inauguration is just a week away, but key crypto legislation may take a bit longer to come into effect, cautioned NYDIG.

Donald Trump’s inauguration is just days away and the US president-elect has promised to overhaul crypto regulations, but the New York Digital Investment Group says that could be a way off.

NYDIG global head of research Greg Cipolaro said in a Jan. 10 research note that it “would caution on expecting immediate changes” to crypto policy, even with Trump taking office on Jan. 20.

Cipolaro said that while the inauguration is renewing hopes for the incoming administration to execute many of its campaign promises, “many can happen quickly, but some may take some time.”

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Author: Martin Young