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‘Almost’ everyone in crypto is a winner in a second Trump administration

Bloomberg
Bloomberg • 4 min read
‘Almost’ everyone in crypto is a winner in a second Trump administration
The central bank digital currency, or CBDC, is an easy target for Trump. Photo: Bloomberg
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Bitcoin miners and crypto companies that have been stonewalled in efforts to go public in the US may ultimately be the biggest winners in the digital-asset world under a second Donald Trump presidency. Foreign companies at risk of losing market share may end up being the biggest losers. 

That’s the view taking hold among market participants and observers in the wake of the former president’s growing embrace of crypto while the odds of his election rise. A poll released Thursday by CBS News showed Trump with a majority - 52% - of likely voters in his probable November rematch with President Joe Biden.

“Almost everyone in the US would be a winner if they are willing to operate by the new rules when implemented,” said Christian Catalini, founder at MIT Cryptoeconomics Lab.

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