Former SEC Chairman Expects Trump Administration to Turn Pro-Crypto

Jay Clayton, former chairman of the Securities and Exchange Commission (SEC), said on Wednesday that cryptocurrency legislation may be introduced under President-elect Donald Trump's leadership. In an interview with a New York securities lawyer, Clayton expressed optimism about advancing cryptocurrency regulation, stating, "I think we will see cryptocurrency legislation. I think if you're trying to solve some problems that can be solved administratively and administratively, then enacting cryptocurrency legislation will be much easier."