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*Crypto Industry Also a Winner From U.S. Election Results*

Crypto asset markets have recovered from their weekend dip as the U.S. election results were announced. The future for the industry is suddenly a little brighter now with the change in administration.

Biden Better for Crypto
DeFi Alliance head, Qiao Wang is one of a number of industry observers that see the positives in the election of Biden and is optimistic about the next four years.

The real winner is crypto:

– Biden to hire Bitcoin-friendly Gary Gensler
– Trump/Mnuchin openly hostile towards BTC
– SBF 2nd largest contributor to Biden
– A likely Republican senate to counter Dems’ aggressive regulation tendencies

Looking forward to the next few years 🚀🚀🚀

News that Joe Biden will hire former derivatives market regulator Gary Gensler to work on a transition plan for financial industry oversight, has also been perceived as bullish.

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