New crypto regulations likely to be big favor to the Trump family, industry insiders say | Cryptocurrencies

Major US financial regulators, the SEC and CFTC, published new guidelines for the cryptocurrency industry that classify most crypto assets as commodities or collectibles. This classification significantly reduces regulatory requirements and disclosure obligations for many crypto projects, potentially benefiting the Trump family's ventures. The guidelines, dubbed a "token taxonomy," are seen by some as a step towards solidifying the US as a global crypto hub while others express concerns about potential loopholes and lack of consumer protection. These new rules may have lasting implications for the future of cryptocurrency regulation.