Donald Trump has won the 2024 Presidential election, leading Republicans to gain control of both the House and Senate. Senator Tim Scott will replace Elizabeth Warren as head of the Senate Banking Committee, which is expected to benefit the crypto industry by potentially ending "Operation Choke Point 2.0." There is speculation that SEC Chair Gary Gensler may be ousted, and the crypto community anticipates more favorable policies and regulatory clarity under the new administration.

Donald Trump has won the 2024 Presidential election, leading Republicans to gain control of both the House and Senate. Senator Tim Scott will replace Elizabeth Warren as head of the Senate Banking Committee, which is expected to benefit the crypto industry by potentially ending "Operation Choke Point 2.0." There is speculation that SEC Chair Gary Gensler may be ousted, and the crypto community anticipates more favorable policies and regulatory clarity under the new administration.

https://coingape.com/tim-scott-to-dethrone-senator-warren-end-of-operation-choke-point-2-0/

This is a significant development for the crypto industry. Ending "Operation Choke Point 2.0" and potentially replacing Gary Gensler at the SEC could bring much-needed regulatory clarity and more favorable policies.