BTC investment turns into 'political imperative' after Trump's victory: NYDIG

In a recent report, crypto lender New York Digital Investment Group (NYDIG) noted that Donald Trump's victory in the U.S. presidential election, along with Republicans forming majorities in the Senate and the House, is making Bitcoin (BTC) investment a "political imperative," Cointelegraph reported. This is because the Trump administration is likely to introduce less fussy crypto regulatory guidelines, NYDIG explained. Greg Cipolaro, global head of research at NYDIG, forecasts that “2025 will likely see new heads of nearly every major agency and department with, finally, real potential for pro-crypto legislation and regulation.” Moreover, the U.S. Securities and Exchange Commission (SEC) may seek settlements with crypto firms it has previously indicted, or drop certain cases if they are deemed not aligned with the best public interest, Cipolaro added.