TD Cowen: Harris may implement more stringent Cryptocurrency investor protection measures than Trump

PANews, August 19th, According to CNBC, Jaret Seiberg, an analyst at TD Cowen, pointed out in a report that Kamala Harris may be more favorable to cryptocurrency after being elected president than the current Biden administration, although it may not be a top priority and the industry may still face hostile regulatory agencies. Seiberg also noted that campaign rhetoric does not necessarily translate into policy actions. While Donald Trump recently portrayed himself as a cryptocurrency advocate, his regulatory agencies’ record in his first term suggests that they may not be more accommodating to cryptocurrency in his second term. Seiberg predicts that the Harris administration may support investor protection efforts and retain the SEC’s role in regulating tokens and trading platforms. Seiberg said that investor protection measures under the Harris administration may be slightly stricter than the Trump administration.