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ARTICLE · 12 DECEMBER 2024

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FinTales Issue 38: Crypto Wins And Regulatory Woes

In the December edition of Fintales, we explain the potential ripple effects of Trump's win on crypto regulation in India; explore if regulation is the answer to supply chain financing woes...

IndiaTechnology

In the December edition of Fintales, we explain the potential ripple effects of Trump's win on crypto regulation in India; explore if regulation is the answer to supply chain financing woes; and suggest ways to tackle the problem of illegal investment advice in digital space.

"We will have regulations, but from now on, the rules will be written by people who love your industry, not hate your industry"

- Donald Trump (2024)

From dismissing cryptocurrencies as assets 'based on thin air' (in 2019) to championing their potential to 'go to the moon' (in 2024), Trump's crypto U-turn created waves in the US election cycle. The crypto industry has been buzzing with optimism, hoping for relaxed US regulations after his win. Trump has promised a Crypto Advisory Council (to streamline crypto regulations and for inter-regulatory coordination) and is set to appoint a pro-crypto chairman to the SEC. He may also establish a federal bitcoin reserve. Heck, even Trump's newly

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