Agency: If Trump wins the election, it may bring dividends to cryptocurrencies, but risks also exist

wealth management company Mirabaud Group stated that if Donald Trump wins the US presidential election on November 5th, cryptocurrencies may benefit from relaxed regulations, but this also brings risks to consumers. John Plassard stated in a report that a potential Trump administration may cancel some of the regulatory crackdowns by the Biden administration and launch initiatives such as a national strategic bitcoin reserve, positioning the United States as a global leader in the cryptocurrency field. Trump's relaxed regulatory approach may attract more investment and innovation into the cryptocurrency field. However, this has also raised concerns about increased fraud risks and inadequate consumer protection.