Odaily Planet Daily News: Cryptocurrency markets climbed after the U.S. election, with Bitcoin hitting an all-time high of about $93,500 this week. JPMorgan analysts outlined six key regulatory and market changes that could reshape the U.S. cryptocurrency landscape under Donald Trump's administration and his Republican-led Congress. Analysts said several shelved crypto bills could be approved quickly. Among them is the (21st Century Financial Innovation and Technology Act) (FIT21), which could provide much-needed regulatory clarity by defining the supervisory responsibilities of the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission. In addition, as the regulatory framework becomes clearer, the SEC's strategy of increasing enforcement may evolve into a more collaborative approach. They said high-profile lawsuits against companies such as Coinbase may be mitigated, settled or even withdrawn. The SEC's (Staff Accounting Bulletin No. 121) (SAB 121) restricting banks from holding digital assets may be repealed. The SEC may require the settlement of lawsuits regarding unregistered securities and the launch of futures-based ETFs for these assets before approving spot ETFs. These factors could delay the approval of new ETFs or require re-registration. Clearer regulation could increase venture capital, mergers and acquisitions, and initial public offerings in the cryptocurrency space. Although a strategic Bitcoin reserve would greatly enhance Bitcoin's legitimacy and could potentially boost Bitcoin's price, the likelihood of its passage is low. (The Block)