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                                    8 Gibraltar International www.gibraltarinternational.comGibraltar Finance ReportBy Paul G. Astengo, Senior Executive, Gibraltar Finance, HM Government of Gibraltar Donald Trump%u2019s victory in the 2024 U.S. presidential election, was prefaced by announcements of his proposed policies and approach toward cryptocurrency and blockchain technology which, should they come to fruition, could lead to significant implications for the industry. Based on his previous stance on these topics and the positions of his allies, here is an outline of possible impacts.Less Regulatory oversight Trumps%u2019s administration has historically been less inclined toward heavy regulation in general, including for emerging technologies like cryptocurrency. Trump%u2019s victory could signal a continuation of less stringent regulatory oversight on blockchain and crypto industries. This might encourage more innovation and the expansion of crypto projects without the threat of aggressive regulations.However, while this might benefit innovation, it could also raise concerns about lack of consumer protection, fraud, and market manipulation within the space.A Pro-business environment Trump%u2019s general economic policies are often considered by some as business-friendly, including a focus on tax cuts and deregulation. This could translate into favourable tax policies for blockchain and crypto companies. His administration may continue or even expand incentives for companies working on blockchain technologies, particularly those that could benefit from tax breaks or reduced regulations on financial products.A pro-business approach may also increase investment in blockchain projects, Continued p10Crypto is booming - meanwhile in the USA %u2026..
                                
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