{"id":3588,"date":"2024-12-02T15:48:39","date_gmt":"2024-12-02T15:48:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3588"},"modified":"2024-12-02T15:48:39","modified_gmt":"2024-12-02T15:48:39","slug":"how-donald-trumps-return-will-change-the-crypto-regulation-game-for-coinbase-binance-kraken","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3588","title":{"rendered":"How Donald Trump&#8217;s Return Will Change The Crypto Regulation Game For Coinbase, Binance, Kraken"},"content":{"rendered":"<div>\n<p>The Securities and Exchange Commission&#8217;s aggressive stance on the cryptocurrency industry may soon be replaced with a more <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42221293\/donald-trump-eyes-former-sec-comissioner-paul-atkins-as-gary-genslers-successor\">accommodating regulatory approach<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>With SEC Chair <strong>Gary Gensler<\/strong> set to leave office in January and President-elect <strong>Donald Trump<\/strong> preparing to appoint <a href=\"https:\/\/www.benzinga.com\/government\/regulations\/24\/11\/42120607\/gary-gensler-to-step-down-as-sec-chair-on-trumps-inauguration-day\">a new SEC chair<\/a>, the stage is set for a major shift in how the crypto market is governed, <a href=\"https:\/\/www.wsj.com\/finance\/regulation\/trump-crypto-us-war-0b91cc21\">according <\/a>to The Wall Street Journal.<\/p>\n<p>Gensler&#8217;s tenure was marked by high-profile lawsuits against major crypto exchanges, including <strong>Coinbase<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>), <strong>Binance<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/bnb\/usd\">BNB<\/a>) and <strong>Kraken<\/strong>, for allegedly operating <a href=\"https:\/\/www.benzinga.com\/24\/11\/42151131\/sec-shatters-record-with-82b-in-penalties-for-2024-led-by-terraform-labs-massive-settlement\">unlicensed securities platforms<\/a>.<\/p>\n<p>However, the incoming administration&#8217;s <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42235639\/trump-administration-to-reportedly-let-cftc-regulate-bitcoin-ethereum-spot-market-is-the-s\">pro-crypto stance<\/a> suggests that this adversarial approach may be dismantled.<\/p>\n<p>Trump&#8217;s return to the White House signals a potential transformation in <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41783773\/the-future-of-crypto-regulation-under-a-trump-administration-headwinds-are-now-tailwinds\">U.S. crypto regulation<\/a>.<\/p>\n<p>Once a critic of digital assets, he has embraced the industry in his second &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42269038\/crypto-faces-regulatory-shift-as-gensler-exits-and-trump-prepares-to-overhaul-sec-approach\" alt=\"How\" donald trump return will change the crypto regulation game for coinbase binance kraken>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Commission&#8217;s aggressive stance on the cryptocurrency industry may soon be replaced with a more accommodating regulatory approach. What Happened: With SEC Chair Gary Gensler set to leave office in January and President-elect Donald Trump preparing to appoint a new SEC chair, the stage is set for a major shift in how [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3588","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3588"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3588\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}