Wall Street firms are cautiously optimistic about the crypto industry’s future, suggesting that either a Trump or Harris administration would likely enact crypto regulation, with firms favoring Trump due to his outreach and proposed supportive policies.
Max Shannon notes, "Although she has yet to make her position on crypto clear, her past affiliations suggest a potentially cautious approach," indicating that Kamala Harris may not be as favorable for the crypto industry as Trump.
Matthew Sigel expresses concern that a "Harris Presidency might be even worse for US-based digital asset entrepreneurs than Biden," pointing to the uncertainty and cautiousness from the Democratic nominee regarding crypto.
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