Part 3/4:
The Global Implications
The shift in the U.S. political landscape could also impact the crypto industry's global outlook. While China remains a different case, Shirzad says other major markets around the world have been aggressively courting crypto companies that have faced political and regulatory headwinds in the U.S.
Now, with the prospect of a more favorable environment in the U.S., Coinbase plans to continue investing globally, including in its second-largest market, the European Union, as well as the UK, Asia, and Latin America. However, the company also sees a significant opportunity to build within the U.S.
The Lasting Impact on U.S. Politics
The crypto industry's massive election spending may have lasting implications for U.S. politics. Shirzad believes it has shown other industries facing "politicization" that they can use similar tactics to engage with policymakers.
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