With the U.S. presidential race approaching, the crypto community is assessing how a Trump or Harris victory might influence the digital asset landscape. Bitcoin’s recent climb past $67,000 has intensified discussions about upcoming regulatory changes.
Duke Financial Economics Center’s Lee Reiners weighed in on the matter. He proposes that while a Trump presidency could potentially inflate crypto valuations, the sector’s enduring success relies on cultivating market trust. Reiners highlights how scandals such as the FTX debacle have undermined investor faith.
Irrespective of the election result, Reiners champions balanced regulatory measures to shield both consumers and investors, viewing this as essential for maintaining crypto’s long-term viability.