However, a Harris win might decelerate the tempo of adoption as a result 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 suppose institutional adoption would occur. However it might occur extra step by step,” stated Levin, stating that the Democrats are slowly coming round to crypto, together with Harris herself, which suggests “it’ll simply take extra time for rising this Democratic help for the trade to have a cloth affect on the broader crypto market.”
