Citi analysts predict faster crypto reform with a Republican-controlled Senate.
Harris’s unclear crypto policy creates uncertainty for digital assets under her leadership.
A Harris win and divided Congress could complicate crypto legislation and investor sentiment.
Citi analysts predict that a Republican victory in the upcoming U.S. election could speed up crypto reforms, while a win for Kamala Harris-led Democrats combined with a divided Congress may create uncertainty for the sector.
Market analysts at Citi (C) believe that the upcoming U.S. election could have significant implications for the future of digital assets. Led by Peter Christiansen, Citi analysts highlighted that the Trump/Vance ticket has publicly endorsed crypto reform. “Republican control of the Senate would be important for passing bills like FIT21 and confirming pro-crypto agency leaders,” Christiansen wrote. He added that a united front from both the chambers Congress would lead to quicker digital asset reform.
Read more : Trump Memecoins Thrive Ahead of Election, Defying Market Trends
Christiansen’s remarks come as Kamala Harris-led democrats have yet to come up with a concrete…
The post Citi: GOP Victory Could Boost Crypto, Harris Win Brings Uncertainty appeared first on Coin Edition.