Joe Biden’s Crypto Impact Is Unclear As He Wins Presidency

Joe Biden’s picks to head key regulatory agencies could redefine cryptocurrency policy in the coming years, although it’s unclear exactly how. 

The Associated Press declared on Saturday that Biden, the Democratic nominee, beat President Donald Trump, a first-term Republican in an election that was marked by division and the continued spread of the COVID-19 pandemic. While the former vice president didn’t highlight crypto issues in his campaign, some of Biden’s supporters hope he will advocate for reform on tech policies, while major companies are hoping to escape antitrust investigations.

To be sure, at press time Trump had not conceded and protracted court challenges remain a possibility given the closeness of the race and the polarized environment.

Close to three decades ago as a U.S. senator from Delaware, Biden introduced a pair of bills that would have outlawed encryption,…

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