Trumps Win: Crypto Mergers and Acquisitions Expected to Thrive

The U.S. Securities and Exchange Commission (SEC) chairperson Gary Gensler is expected to be fired by former president Donald Trump, who is set to return to the White House in January after winning the election on Tuesday. Many experts believe that Trump’s victory and change in SEC leadership will ease the fears of deals being blocked or business channels being declared illegal or facing legal action from the SEC.

As a result, merger advisers and venture capitalists expect a pickup in crypto merger and acquisition deals next year. Some crypto firms, like brokerage FalconX and Tether, have already signaled their plans for deals. However, hurdles remain, such as the uncertainty of U.S. regulations and SEC, as well as disagreements on valuations between buyers and sellers.

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