Kamala Harris Win Odds Rise to 52%, Trump’s Crypto Vision at Risk?
Former President Trump now trails Kamala Harris, with her chances of winning the 2024 U.S. presidential election climbing to 52%, according to Polymarket. Trump’s crypto dream, including his plan for a Bitcoin reserve, could face significant challenges as Harris’s potential victory raises concerns for the future of digital assets.
Harris Leads the Race:
Trump’s odds have dropped to 47%, and if Harris wins, the regulatory climate for crypto could toughen. With the SEC already scrutinizing major players like Ripple, Binance, and Coinbase, projects like World Liberty Financial (WLFI) and Trump’s Bitcoin reserve could be in jeopardy.
The Crypto-Hostile Environment:
Harris’s administration may maintain the SEC’s hard stance on crypto, making it even more difficult for Trump’s initiatives to gain traction. WLFI’s unregistered token sales under SEC Rule 506(c) could face new challenges under stricter regulation.
What does this mean for the future of crypto under a potential Harris administration? Will Trump’s Bitcoin reserve plan survive? Stay tuned for updates.
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