Gavin Newsom just confirmed he's sitting out 2028 if Kamala runs.
Translation: The Democratic establishment is already positioning for the next cycle. Harris still has institutional backing despite the L.
Why this matters for markets:
- Policy continuity signals = less volatility in regulatory outlook
- Early 2028 positioning = stable expectations for crypto regulation timeline
- If Harris runs again, expect same SEC/CFTC dynamics we've seen
No immediate market impact, but watch how this shapes the next 4 years of crypto policy fights. The people who might challenge Biden-era crypto crackdowns are staying quiet.
Bullish for: Projects that can survive 4 more years of regulatory uncertainty
Bearish for: Anyone hoping for a complete policy reset in 2028
Translation: The Democratic establishment is already positioning for the next cycle. Harris still has institutional backing despite the L.
Why this matters for markets:
- Policy continuity signals = less volatility in regulatory outlook
- Early 2028 positioning = stable expectations for crypto regulation timeline
- If Harris runs again, expect same SEC/CFTC dynamics we've seen
No immediate market impact, but watch how this shapes the next 4 years of crypto policy fights. The people who might challenge Biden-era crypto crackdowns are staying quiet.
Bullish for: Projects that can survive 4 more years of regulatory uncertainty
Bearish for: Anyone hoping for a complete policy reset in 2028