The 2024 US election signals a positive shift for crypto and economic freedom, with Coinbase’s CEO expressing optimism for regulatory change and industry growth.
The 2024 United States presidential election brought substantial shifts in crypto policy outlooks as Donald Trump prepares to return to the White House for a second term.
Following Trump’s victory and the Republican Party securing control of the Senate — with a House of Representatives majority also within reach — crypto advocates, including Coinbase CEO Brian Armstrong, have expressed optimism that the changes may benefit the digital assets industry.
In response to the election outcome, the Bitcoin (BTC) price surged to more than $75,000 on Nov. 6 amid anticipation of potential regulatory clarity, legislative opportunities and expectations for changes at the Securities and Exchange Commission.
