Crypto Policy Scorecard Rates Trump, Harris And Biden: One’s ‘Undoubtedly More Favorable’ But There’s One ‘Supportive’ Surprise
Alex Thorn, Head of Research at Galaxy Research, released a policy scorecard comparing the positions of Joe Biden, Kamala Harris and Donald Trump on major cryptocurrency issues.
What Happened: Based on all the public statements, intelligence from campaign personnel, and public and private signals from the campaign, Thorn sees limited downside risk from a Harris victory, but potential explosive upside if Trump wins.
Bitcoin (CRYPTO: BTC) should fare well regardless of the election outcome, but altcoins disproportionately stand to benefit from a Trump win.
Scoring Joe Biden’s Hostile Approach
Thorn highlighted the Biden administration’s consistent support for the Securities and Exchange Commission’s (SEC) regulatory approach, while offering only mild verbal backing for a market structure bill aimed
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