Alternatively, a Harris win might decelerate the tempo of adoption because of 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 assume institutional adoption would occur. However it could occur extra progressively,” stated Levin, declaring that the Democrats are slowly coming round to crypto, together with Harris herself, which implies “it should simply take extra time for rising this Democratic assist for the business to have a fabric impression on the broader crypto market.”
