TD Cowen: Cryptocurrency enforcement actions may be delayed after Trump's inauguration

ChainCatcher news, investment bank TD Cowen believes that the situation may change under the leadership of the Trump administration.

TD Cowen researchers wrote on Monday that they believe "once Trump appoints a new SEC chairman, cryptocurrency enforcement may be put on hold, regardless of whether Gary Gensler resigns from his position as SEC commissioner; he will appoint a new SEC chairman on January 20."

TD Cowen researchers claim that they believe the new chairman will reassess the existing cases initiated by financial regulators against cryptocurrency companies, "and look for ways to more clearly articulate how cryptocurrency companies can comply with existing laws."