Trump pledges to protect the crypto industry and ensure prediction markets ‘thrive’ - NBC News
Crypto
Trump has publicly backed CFTC as the exclusive regulator for prediction markets and pledged broad protection of the crypto industry, escalating the federal-vs-state regulatory turf war. This signals a friendlier federal regulatory backdrop for crypto exchanges and prediction market platforms, reducing near-term legal overhang.
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↑ LONG+6% target-5% stop1-3 weeks, tactical
Go long COIN and HOOD on Trump's pro-crypto/prediction-market stance reducing regulatory risk premium in both names.