Citibank: Republican Party's complete victory in the US election will be the most favorable outcome for the cryptocurrency market

BlockBeats News, October 18th, according to CoinDesk, Citibank stated in a research report on Wednesday that a comprehensive Republican victory in the upcoming US election would be the most favorable outcome for Coinbase and the broader cryptocurrency market, while Harris' victory and congressional division could lead to increased uncertainty in the digital asset industry. The team led by analyst Peter Christiansen wrote, "The Trump/Vance camp openly supports digital asset reform, and Republican control of the Senate is crucial for passing bills such as FIT21 and confirming institutional leaders who support encryption." They added, "If both houses of Congress agree, the pace of digital asset reform may accelerate