Tyler D Sees Slower Crypto Legislation Under Democratic Sweep
Photo: TokenPost
Crypto commentator Tyler D says a Democratic sweep in Tuesday’s midterm elections could slow federal crypto legislation, while another analyst expects the result to affect sentiment more than regulation’s long-term direction. Tyler D expects less progress on crypto bills and tougher regulatory conditions if Democrats win both chambers. He also sees privacy-focused cryptocurrencies as possible beneficiaries of that climate. The sweep remains a scenario ahead of the Nov. 3 vote. Tyler D distinguishes legislation from agency rulemaking: Congress passes laws, while the Securities and Exchange Commission and Commodity Futures Trading Commission can change rules.
Source: TokenPost
