KEY POINTS
- TD Cowen researchers said it is likely a new SEC chair will reassess existing cases
- Crypto legislation with bipartisan support is more likely now that GOP has flipped the Senate
- They reiterated the importance of broader AML/BSA compliance in crypto if the industry wants legislative progress
The cryptocurrency industry has faced multiple lawsuits from the U.S. Securities and Exchange Commission over the last few years, but multinational investment bank TD Cowen believes the tides will likely change under a Trump administration.
