The American Election and the Future of Cryptos
Cryptos have become an issue for the first time in the US elections and this is a new reality, which will be seen from the new year.
Donations from crypto companies to both candidates have exceeded all previous records and this has brought cryptos to the agenda of both candidates.
Despite the statements of the head of the Securities and Exchange Commission, Gary Gensler, that "a lot of people have lost money in cryptos" and that "the legislation is still insufficient for these investments", the market seems to be ready for the next step.
The next step is expected to be the full institutional recognition of cryptos but also the imposition of stricter legislation for their possession and use.
We will see all this from the new year, depending on who will sit in the position of the Planetary...
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