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What Democrats’ midterm victory means for your crypto investments

What Democrats’ midterm victory means for your crypto investments

Democrats’ takeover of Congress in the midterm elections could reshape efforts to regulate cryptocurrency, potentially bringing stronger investor protections while slowing legislation favored by the industry.

But everyday crypto investors shouldn’t expect much to change immediately, experts tell CNBC Make It. Federal regulators appointed under President Donald Trump remain in place, and cryptocurrency trading will continue much as before.

“Platforms will keep offering the products they offer today, and they still have friendly regulators at the SEC and CFTC who are approving an ever-wider range of crypto products,” says Lee Reiners, a cryptocurrency regulation expert and lecturing fellow of economics at Duke University.

The bigger question…

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