A new paper from the Brookings Institution suggests that the appointment of a less restrictive SEC chair under a Trump administration could result in more transparent crypto regulations. The paper, authored by Peter Van Valkenburgh, director of research at Coin Center, points out that the SEC under both President Obama and President Trump has failed to take a clear stance on regulating cryptocurrencies, leaving the market with a lack of consumer protection and transparency.
The paper also highlights that the SEC has been slow to regulate cryptocurrency exchanges, leaving the market open to fraud and manipulation. The paper concludes that the appointment of a less restrictive SEC chair under a Trump administration would be a positive development for the cryptocurrency market, as it would allow for more transparency and consumer protection.
