According to TechFlow, on November 6, as the results of the US election are announced, the cryptocurrency-friendly SEC and Senate Banking Committee are expected to appear.
Bernstein said progress on the stablecoin and market structure bill is expected to accelerate, which is a positive signal for stablecoin issuers such as Circle and Paxos and major U.S. cryptocurrency exchanges and brokers.
Analysts expect there will be clearer definitions of digital assets and securities, and the possibility of more ETF products based on other cryptocurrencies.