A Democratic win in November would be a catastrophe for the American crypto industry at the worst possible moment. Just as the United States was finally positioning itself to become the global hub for digital asset innovation rather than ceding that ground to Singapore, Dubai, and the EU. Trump administration did something no previous administration had done: it gave the industry a clear, workable regulatory framework through the CLARITY Act. Democrats killed that bill in the Senate because they wanted to turn the president’s personal crypto holdings into a political weapon.