Tuesday, Nov. 3 is election day in the U.S. While this election won’t have as direct an effect on the crypto industry as the 2024 presidential election did, what the industry’s relationship with Washington, D.C. looks like over the next two years will be defined by who’s sworn into Congress in January.
To preview the election, join CoinDesk and Justin Slaughter, Ron Hammond and Jessica Martinez on a Twitter space tomorrow at 12:00 p.m. Eastern. We’ll answer your questions and talk through the potential outcomes for the election.
On Tuesday, CoinDesk will cover election results as they roll in through our live blog, complete with analysis from experts on what they mean for the industry (want to weigh in? Email me at nik@coindesk.com).
You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.
The narrative
The crypto industry won’t be as shaped by the 2026 midterm election as it was in 2024. A new presidential administration won’t take office and the heads of key regulatory agencies won’t change. That doesn’t mean crypto will be totally unaffected by the election results though.
Why it matters
Some questions for the industry: