Alternatively, a Harris win might decelerate the tempo of adoption attributable to a extra restrictive regulatory regime. (The Biden administration that she’s served in since 2021 has tended to be extremely restrictive on crypto.) “If Harris have been to win, I nonetheless suppose institutional adoption would occur. However it will occur extra steadily,” mentioned Levin, stating that the Democrats are slowly coming round to crypto, together with Harris herself, which implies “it’s going to simply take extra time for rising this Democratic assist for the business to have a fabric impression on the broader crypto market.”
