Institutional: Trump's Presidency Should Boost Crypto Industry, But Uncertainty Remains

Cryptocurrencies will benefit from a more favourable regulatory and political backdrop under U.S. President-elect Donald Trump, but uncertainty about future policy remains, said Marion Laboure, research analyst at Deutsche Bank on 12 November. The incoming Trump administration is likely to accelerate regulatory transparency, strengthen institutional participation, improve market infrastructure and wider mainstream adoption, she said in a report. Still, policy uncertainty remains a key driver of price gains, Laboure said, adding, ‘It is important to emphasise that if the Trump administration's anticipated regulatory reforms for the crypto industry fall short of market expectations, we could see potential turmoil.’