PANews November 8 news, according to Forbes analysis, when the US election results clearly showed that Trump would return to the White House, the crypto market began to rise as expected, reflecting optimism that the Trump administration could bring relief to the industry. It is undeniable that Trump will be more supportive of the crypto industry than the current President Biden. However, there is still uncertainty about his level of involvement in promoting the development of the industry and whether relevant laws can be passed amid the busy legislative agenda. All candidates for these positions, such as the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Treasury Department, may share Trump's views on the industry, but it is unclear how much priority this issue will be considered. The Trump administration may prioritize deregulation of most industries. However, the crypto industry may be the only area that goes against this trend, and industry members are eager to obtain regulatory clarity. The priority of these regulators for the crypto industry will determine how long this process lasts, but progress in reducing some of the current lawsuits of the U.S. Securities and Exchange Commission (SEC) may be faster. However, it is more likely that these agencies will at least provide some form of favorable regulatory guidance, even if it is not a specific rule.