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Nansen CEO: Harris as President Could Push US Cryptocurrency Firms Overseas

Alex Svanevik, CEO of blockchain analytics platform Nansen, spoke at Token2049 about his views on the outcome of the 2024 US Presidential Election and what this could mean for the future of cryptocurrencies in the US and abroad. "I think if Trump wins, then obviously it's very good for cryptocurrencies in the US because he's the most pro-cryptocurrency candidate. On the other hand, Democrats and Harris are basically a relatively unfavorable environment for cryptocurrencies." Svanevik predicted that Harris's presidency is likely to continue the policies of the current administration, which some see as detrimental to the development and innovation of cryptocurrencies. However, Harris' rise to power could have a positive impact on overseas business, as it could have a negative impact on cryptocurrency companies in the United States.