According to Kevin O'Leary, even if Trump or Harris is elected as the US president, the future regulatory framework for digital assets will not change due to the election results, because both parties promote the development of cryptocurrency policies. Trump claims to support cryptocurrency, and although Harris has not yet expressed her position, her blank record may provide an opportunity for the formulation of new policies. In addition, the passage of market structure bills such as FIT21 shows the inevitability of legislation, and the disruptive potential of stablecoins rather than the speculative nature of Bitcoin will drive the rise of crypto technology.

Key points

- Kevin O'Leary believes that regardless of the outcome of the presidential election, the regulatory policy of digital assets will continue to develop in the United States.

- Trump actively supports cryptocurrencies during the campaign, while Harris has not yet clarified her policy on cryptocurrencies.

- Harris has no historical record, which may make her more flexible in the formulation of crypto policies.

- Senate Majority Leader Chuck Schumer promised to pass cryptocurrency regulations by the end of the year.

- Kevin O'Leary believes that the practical application potential of stablecoins will lead crypto technology into the mainstream market.

- The passed FIT21 bill shows the trend of legislation to regulate the structure of the crypto market.

- Mark Cuban’s involvement in cryptocurrency conversations shows Harris team’s potential interest in crypto policy.