The 2024 US Presidential Election could significantly impact cryptocurrency, as regulatory policies from candidates Donald Trump and Kamala Harris differ sharply. Trump supports cryptocurrencies, advocating for them as a strategic reserve, which has boosted market enthusiasm. In contrast, Harris promises to create a clear regulatory framework, shifting from the stricter Biden administration policies.
Edul Patel, CEO of Mudrex, highlights that both candidates aim to bring favorable news to the crypto market. Vikram Subburaj, CEO of Giottus, notes that a Trump victory could reduce regulatory risks, while a Harris win might introduce structured oversight, potentially stabilizing cryptocurrency in the long term.
