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 had been to win, I nonetheless suppose institutional adoption would occur. However it could occur extra steadily,” mentioned Levin, stating that the Democrats are slowly coming round to crypto, together with Harris herself, which suggests “it’s going to simply take extra time for rising this Democratic help for the trade to have a fabric impression on the broader crypto market.”
