VanEck: Harris as President of the United States May Be More Favorable for Bitcoin

ChainCatcher news, VanEck's Head of Digital Asset Research Matthew Sigel and Digital Asset Investment Analyst Nathan Frankovitz stated in a report that the results of the November election could be a mixed bag for cryptocurrencies.
VanEck wrote, "However, solely regarding Bitcoin, we believe that Kamala Harris as president could be better for Bitcoin than Trump, as we think this would accelerate many of the structural issues that initially drove Bitcoin adoption. If this happens, Bitcoin's unique regulatory clarity may make it more competitive than other digital assets."
However, according to VanEck's latest analysis, the entire crypto industry would benefit if Trump were to be president again. VanEck wrote, "We believe that Trump's presidency would generally be favorable for the entire crypto ecosystem, as it could lead to more deregulation and business-friendly policies—perhaps especially for crypto entrepreneurs, who have faced increasing scrutiny from regulators over the past four years."