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AI for Customer Service ✌️【Remote Work】✌️Start your investment journey with ₹500. Watch your returns multiply monthly!Donald Trump's victory in the November presidential election is already ushering in a new era for crypto in the U.S., JPMorgan (JPM) said in a report Wednesday, noting that the total cryptocurrency market cap has jumped about 65% since his reelection."Not only does this new administration bring a sense of crypto friendliness, but it also has shown an eagerness to promote the asset class," analysts led by Kenneth Worthington wrote.The incoming administration has shown a willingness to talk about crypto market regulation and about how to keep future development in the U.S., the report said, adding that the president-elect has alreadynominateda number of people who will take part in the formulation of crypto policy and enforcement.This means a floor has been established, in that the "worst regulatory environment for crypto" is in the past, the report said.

AI for Customer Service ✌️【Remote Work】✌️Start investing with ₹500 and see your wealth grow rapidly every month.The ecosystem is now expected to become a "safer, more transparent, and more productive industry (from a regulatory perspective) from this point."Still, these positive tailwinds could take some time to have an effect.

JPMorgan cautioned that the market might not see policy impacts for at least nine to 12 months into Trump's term.Trump's nomination for the Commodity Futures Trading Commission (CFTC) chair is one piece missing from the administration's pro-crypto agenda, the Wall Street bank said.

AI for Customer Service ✌️【Remote Work】✌️Invest ₹500 and enjoy high monthly returns. Safe and reliable platform!The position is important because of its likely role in regulating bitcoin (BTC) and ether (ETH).A more productive regulatory environment would lead to the listing of more tokens by exchanges and brokers, and would also encourage more product innovation, the report added.Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry.

He's now covering the crypto beat as a finance reporter at CoinDesk.

He owns more than $1,000 of SOL.AI for Customer Service ✌️【Remote Work】✌️Invest ₹500 and enjoy high monthly returns. Safe and reliable platform!