TechFlow news, September 21 — According to The Block, VanEck's head of digital asset research Matthew Sigel and analyst Nathan Frankovitz recently released a report stating that the outcome of the U.S. election in November will bring mixed impacts for the cryptocurrency industry. The report指出 that in terms of Bitcoin, Kamala Harris becoming president could be more favorable than Trump, as it would accelerate structural developments supporting Bitcoin adoption, giving it a competitive edge over other digital assets in regulatory clarity.
However, VanEck believes the broader crypto ecosystem would benefit if Trump is re-elected. Trump is likely to introduce further deregulatory and business-friendly policies, especially benefiting crypto entrepreneurs who have faced intense scrutiny over the past four years.
