Crypto needs ‘sensible’ regulation regardless of who’s elected
As the US presidential election approaches, investors are weighing whether a Trump or Harris administration would be more favorable for cryptocurrency investors. This comes as bitcoin (BTC-USD) topped $67,000 for the first time since July.
Duke Financial Economics Center lecturing fellow Lee Reiners joins Catalysts to discuss this topic as the election lies just three weeks away.
Reiners suggests that if investors are primarily concerned with crypto prices, a Trump administration might “have a more positive impact.” However, he emphasizes that for crypto to achieve long-term success beyond the presidency, “you’re going to have to have a lot more people trusted.” He notes that crypto platform failures like the Sam Bankman-Fried and FTX (Source link
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