Will US Elections Change Crypto? Maybe, but the TradFi giants are likely to point ahead regardless

On the other hand, a Harris win may slow the pace of adoption due to a more restrictive regulatory regime. (The Biden administration he has served in since 2021 has tended to be extremely restrictive on crypto.) “If Harris were to win, I still think there would be institutional adoption. But it would happen more gradually,” Levin said, noting that Democrats, including Harris herself, are slowly coming around to crypto, which means “it’s going to take longer for that Democratic support to grow the industry to have a material impact in the broader crypto market”.