ChainCatcher reported that according to Cointelegraph, Alex Svanevik, CEO of blockchain analysis platform Nansen, expressed his views on the potential impact of the 2024 US presidential election on the cryptocurrency industry during an interview at the Token 2049 conference. Svanevik said that if Trump wins, it will have a positive impact on the US cryptocurrency industry because he is the most supportive candidate for cryptocurrency. On the contrary, if Harris is elected, it may continue the current government's relatively unfriendly policies towards the cryptocurrency industry.
However, Svanevik pointed out that Harris's election could be good for cryptocurrency businesses outside the United States, as American companies may move their businesses overseas. He revealed that some founders and CEOs have said they would consider relocating their businesses if Harris wins. Svanevik emphasized that from a global perspective, non-Americans may be more supportive of Harris's election, as it would prompt more crypto businesses to move outside the United States.