Bitcoin's political significance is set to rise following recent election wins by Donald Trump and the Republican Party, per NYDIG’s Greg Cipolaro. He warns investors without Bitcoin holdings to reconsider, as non-ownership could become a financial risk. Bitcoin is up 84% this year, as pro-crypto Republicans secure Senate control and may retain the House. Cipolaro anticipates regulatory shifts benefiting crypto as Trump pledges to replace SEC Chair Gary Gensler. Key regulatory roles may see pro-crypto appointments, supporting banks in offering digital asset services.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Bitcoin's political significance is set to rise following recent election wins by Donald Trump
00:06and the Republican Party. Per NYTIG's Greg Cipollaro, he warns investors without Bitcoin
00:11holdings to reconsider, as non-ownership could become a financial risk. Bitcoin is up 84% this
00:17year as pro-crypto Republicans secure Senate control and may retain the House. Cipollaro
00:22anticipates regulatory shifts benefiting crypto as Trump pledges to replace SEC Chair Gary Gensler.
00:29Key regulatory roles may see pro-crypto appointments supporting banks and offering
00:33digital asset services. For all things money, visit Benzinga.com slash GSTV.