Nansen CEO: Harris's election may drive U.S. crypto companies to move overseas

ChainCatcher news, according to Cointelegraph, Nansen's CEO Alex Svanevik expressed his views on the potential impact of the 2024 U.S. presidential election on the cryptocurrency industry during an interview at the Token 2049 conference. Svanevik stated that if Trump wins, it would have a positive impact on the U.S. cryptocurrency industry, as he is the most supportive candidate for cryptocurrencies. In contrast, if Harris is elected, it may continue the current administration's relatively unfriendly policies towards the cryptocurrency industry.

However, Svanevik pointed out that Harris's election could be beneficial for cryptocurrency businesses outside the U.S., as American companies might consider relocating their operations overseas. He revealed that some founders and CEOs have indicated that they would consider moving their businesses if Harris wins. Svanevik emphasized that from a global perspective, non-Americans might be more supportive of Harris's election, as it would encourage more crypto businesses to move outside the U.S.