PANews reported on August 19 that according to CNBC, TD Cowen analyst Jaret Seiberg pointed out in a report that Kamala Harris's election as president may be more favorable to cryptocurrencies than the current Biden administration, although this may not be a priority and the industry may still face hostile regulators. Seiberg also pointed out that campaign rhetoric does not necessarily translate into policy actions. Although Donald Trump recently portrayed himself as a cryptocurrency advocate, his record in his first term suggests that his regulators may not be more tolerant of cryptocurrencies in his second term. Seiberg predicted that the Harris administration may support investor protection efforts and retain the SEC's functions in regulating tokens and trading platforms. Seiberg said that investor protection measures under the Harris administration may be slightly stricter than those under the Trump administration.
