Here's Why Today's U.S. Election Matters for Crypto

On the crypto front, there exist several paths for legislation at the moment. They largely depend on the outcome of the election — which, it’s worth pointing out, we may not know immediately. If one party wins the White House, House and Senate (they take office in January), we likely won’t see any further progress toward crypto legislation this year, said Representative Tom Emmer, a Republican and current majority whip. That’s because if a single party is poised for that trifecta, lawmakers can just wait a few months to craft a bill that wouldn’t require heavy compromise with the other party.