As the 2024 US election approaches, significant implications for cryptocurrency and blockchain policies are anticipated, influenced by who gains control of the House, Senate, and the Presidency. Republicans currently hold a slim majority in the House, while Democrats control the Senate. Key legislative initiatives related to digital assets have emerged, including the Financial Innovation and Technology for the 21st Century Act and the CBDC Anti-Surveillance State Act. The outcomes of Senate races, like that of Senator Sherrod Brown in Ohio and the Texas race between Colin Allred and Ted Cruz, could greatly impact crypto advocacy. While the presidential election's consequences on crypto policies are crucial, they are not the sole factor. The House has the power to advance legislation affecting the industry, especially regarding the SEC’s regulation. Donald Trump proposes a pro-crypto stance, including actions against current SEC leadership and opposing a central bank digital currency. In contrast, Vice President Kamala Harris has yet to make digital assets a priority but may adopt a more favorable approach if elected. Thus, the election results on November 5 will likely shape the future landscape of crypto regulation.

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