"The Trump Era is Imminent... RWA Adoption Expected to Accelerate"

Source
YM Lee

Summary

  • It is expected that the RWA adoption will accelerate with the inauguration of the Donald Trump administration.
  • He emphasized that the development of banking and brokerage channels will bring more tokenized products to the market.
  • He explained that the regulatory environment will become more favorable towards RWA and the virtual asset industry as a whole.

As the inauguration of U.S. President-elect Donald Trump approaches, expectations are rising in the virtual asset (cryptocurrency) industry.

According to a report by Cointelegraph on the 16th (local time), Eli Cohen, the Chief Legal Officer of the Real World Asset (RWA) platform Centrifuge, emphasized, "Once the Trump administration is inaugurated and banking and brokerage channels are developed, more tokenized products will enter the market."

He explained, "With Trump's inauguration, the threats posed by Gary Gensler and the Securities and Exchange Commission (SEC) that have been looming over the market will disappear," adding, "The regulatory environment is expected to become more favorable towards the virtual asset industry, including RWA."

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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