Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless

Then again, a Harris win could 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 were to win, I still think institutional adoption would happen. But it would happen more gradually,” mentioned Levin, mentioning that the Democrats are slowly coming round to crypto, together with Harris herself, which suggests “it can simply take extra time for rising this Democratic assist for the business to have a cloth influence on the broader crypto market.”