The crypto industry is expected to experience accelerated growth and mainstream adoption after the 2024 elections, which saw the emergence of a pro-crypto Congress and a president-elect who supports the industry. This will lead to a shift from "regulation by enforcement" to a regulatory framework with clear and transparent rules, creating a more favorable environment for innovation. Various sectors within the crypto industry are likely to thrive, including decentralized finance (DeFi), artificial intelligence (AI), fixed income markets, utility tokens, and decentralized physical infrastructure (DePIN). The regulatory de-risking will attract institutional investors to the market and enable entrepreneurs to focus on building without fear of regulatory sanctions. Overall, the future looks promising for the crypto industry.
- Content Editor ( coindesk.com )
- 2024-11-13
The Real Winner of the 2024 Elections: The Crypto Industry