The US midterm elections on November 3 could shape cryptocurrency regulation, economic stimulus expectations and investors’ appetite for risky assets. Donald Trump has promised a $5,000 dividend to every American adult if Republicans retain control of the House and Senate, a program that would cost about $1.2 trillion and potentially inject fresh liquidity into financial markets. A Republican victory would also improve the prospects of the CLARITY Act on digital assets, while a Democratic win could increase scrutiny of Trump’s crypto-related activities and delay legislation. Geopolitical tensions with Iran pose the most immediate risk after limited US strikes on Qeshm islands near the Strait of Hormuz revived concerns about a broader Middle East escalation.
Source: Read the original article
