Coinbase CEO Brian Armstrong believes the forthcoming US presidential elections could play a pivotal role in the regulations of the crypto industry. We have been penning specific articles about this topic for weeks, stating that politicians may adopt a different strategy next year. A significant portion of millions of cryptocurrency investors are within the US, and the SEC, which seizes these people’s money, is also causing resentment against Biden to rise. Crypto Bull Run Candidates grasp onto any argument that could help them gain votes during elections. Crypto seems to be positioned to experience this in the upcoming US elections. The defiant submission of a spot Bitcoin ETF application by BlackRock, which holds considerable political clout, particularly on the days when the SEC targeted two giant exchanges, should be taken seriously. Considering all these, the US elections could mean that the stranglehold on crypto may be released by the regulators. […]
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