Second, a Trump presidency is viewed as more business-friendly, leaving the market to innovate unmolested.

Third, there is much the government can do to actively encourage innovation and investment by setting clear rules of the road; there’s hope now that the crypto industry will finally achieve regulatory clarity under a Trump presidency. 

Brandon Potts, a partner at Framework Ventures, a web3 venture capital firm, said recently how “everything we have done to date has been operated in a grey area as it relates to crypto in the United States.”