Donald Trump Takes Office on Jan 20th

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As President Trump prepares to take office on January 20, there are high expectations for changes in crypto regulation. Trump is likely to appoint his team, with Michael Uyeda, a top candidate for SEC chairman, having a strong chance of securing the position. Trump’s administration is expected to focus on ending unjustified enforcement actions by the SEC, including the controversial Tornado Cash prosecution by the DOJ. This move could be a game-changer for the crypto world, with the possibility of friendlier rules and more support for crypto businesses.