News View Non-AMP

Bernstein Analysts Foresee Crypto-Friendly SEC and Senate Banking Committee To Speed Up Regulatory Clarity

Published by
Nidhi Kolhapur

In a research report on Thursday, Bernstein analysts expect a new “crypto-friendly” SEC Chair and Senate Banking Committee to accelerate regulatory clarity for the industry after Donald Trump’s win in the US Presidential election. 

The U.S. election result should improve regulatory clarity for digital assets, with the SEC and Senate Banking Committee becoming more crypto-friendly following Donald Trump’s victory in the presidential race and the Republican party securing control of the Senate, it said.  

Under Gensler, Bernstein noted that the SEC was in legal battles with key crypto industry participants including Coinbase (COIN), Robinhood (HOOD), and Binance as well as decentralized finance (DeFi) and stablecoin companies.

Specifically, the analysts expect faster progress on stablecoin and market structure bills positively impacting stablecoin issuers such as Circle and Paxos and U.S crypto exchanges. 

It expects a rerating of broader crypto assets, which have suffered from a lack of clarity as to their security status. It also expects asset managers to introduce more exchange-traded fund (ETF) products based on other cryptocurrency tokens.

Trump, in his renewed stance towards cryptocurrencies, had made many promises during their campaign like firing Gensler on day one, turning the U.S. into a bitcoin mining “powerhouse” and creating a national strategic bitcoin reserve. The analysts also expect the new administration to take positive steps.

“We expect a new regime of crypto rulemaking,” the broker said, adding that this “transformational shift is not priced in.” The report also added that positive action is expected toward setting up a national bitcoin reserve, in accordance with Trump’s promise, and more focus on mining growth in the U.S. 

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Undervalued Crypto With Real Utility? This $0.03 Lending Token Could Do What Binance Coin (BNB) Did in 2020

In the crypto space, utility-driven tokens have historically demonstrated explosive growth, with Binance Coin (BNB)…

June 28, 2025

Will XRP Price Hit $5 in 2025?

After nearly four years, Ripple has officially ended its long-running legal battle with the U.S.…

June 28, 2025

Altcoin Bull Run Ahead? Top Analyst Says the Bottom Is In!

Altcoins may have just hit rock bottom — and that might be great news for…

June 28, 2025

Ripple SEC Lawsuit Ends – XRP ETF Incoming? Price Set to Break $3 Soon!

After 4 years of long courtroom drama, Ripple’s legal fight with the SEC has finally…

June 28, 2025

Gemini Launches Tokenized US Stocks in EU, Starting With MicroStrategy (MSTR)

Cryptocurrency exchange, Gemini, has announced the launch of its first tokenized US stock, MicroStrategy (MSTR),…

June 28, 2025

Why Altcoin Season Isn’t Here Yet?

Altcoin season has not arrived yet, and expert Benjamin Cowen has explained why in his…

June 28, 2025