Nansen CEO: Harris' election could be good for cryptocurrency businesses outside the U.S.

Odaily Odaily News: Alex Svanevik, CEO of blockchain analysis platform Nansen, expressed his views on the potential impact of the 2024 US presidential election on the cryptocurrency industry in an interview at the Token2049 conference. Svanevik said that if Trump wins, it will have a positive impact on the US cryptocurrency industry because he is the most supportive candidate for cryptocurrency. On the contrary, if Harris is elected, the current government's relatively unfriendly policies towards the cryptocurrency industry may continue. However, Svanevik pointed out that Harris's election may be beneficial to cryptocurrency businesses outside the United States because US companies may move their businesses overseas. He revealed that some founders and CEOs have stated that they will consider relocating their businesses if Harris wins. Svanevik emphasized that from a global perspective, non-Americans may be more supportive of Harris's election because it will prompt more crypto businesses to move outside the United States. (Cointelegraph)