BitMEX Founder Arthur Hayes Warns Pro-Crypto Voters Will Lose All Leverage After 2024 Election
Hayes says if pro-crypto voters want regulatory clarity in the US, they should push for regulation before the November election with the current administration.
Hayes also says that if regulatory clarity for crypto isn’t locked in before November, industry advocates will lose their leverage given that politicians will no longer need their votes.
Biden or Trump won’t expend the same political capital supporting crypto policies because it doesn’t directly affect their re-election chances or the majority of elected officials within their respective parties.