BY PAUL O’DONOGHUE, Senior Correspondent

Bitcoin surged to a record high as investors hope Donald Trump will scale back oversight of digital assets.

The world’s biggest cryptocurrency rose 7% to just over $75,000, topping March’s peak, with Trump’s return to the White House seen as ushering in a softer line on cryptocurrency regulation.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!