Cryptocurrencies

Cryptocurrencies Tainted by SEC Suits Surge After Trump Victory

  • More than a dozen tokens have been designated as securities
  • Tokens for Uniswap and Polygon are outperforming Bitcoin
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The likely departure of US Securities and Exchange Commission Chair Gary Gensler following Donald Trump’s victory in the presidential race is sparking a rally in cryptocurrencies that were previously identified as unregistered securities by the markets watchdog.

Read more: SEC Crypto Enforcement Slated for Major Rollback Under Trump