Jesse Chervinsky Comments on Regulatory Trends in the Cryptocurrency Industry

According to Wu, crypto lawyer Jake Chervinsky stated that President Trump will be inaugurated on January 20. When the new leader takes over federal agencies, significant changes to crypto policy will occur immediately. Between now and then, the outgoing administration may be busy finalizing rules and initiating enforcement actions. Uyeda has a strong chance of becoming the SEC chairman, while Pierce (the crypto mom) has a lower probability; however, it is expected that Trump may be more inclined to bring in his own newcomers.