Then again, a Harris win could decelerate the tempo of adoption because 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 assume institutional adoption would occur. However it will occur extra regularly,” stated Levin, stating that the Democrats are slowly coming round to crypto, together with Harris herself, which implies “it can simply take extra time for rising this Democratic help for the business to have a cloth affect on the broader crypto market.”