The upcoming 2024 U.S. presidential election is anticipated to significantly impact the cryptocurrency industry, according to industry leaders. Jacques Boschung, CEO of Halborn Security, emphasized that the election's outcome could be a turning point for crypto, as discussed in a recent article. Meanwhile, experts argue that legislative actions, rather than the election itself, will shape the future of digital assets. Notably, Congress is taking steps towards clearer regulations with initiatives like the Financial Innovation and Technology for the 21st Century Act (FIT21) and the Securities Clarity Act. SEC Commissioner Mark Uyeda has also voiced criticism of the current regulatory approach, advocating for clearer rules instead of enforcement actions. This sentiment is echoed by organizations like the Digital Chamber, which supports the call for regulatory clarity in the crypto sector. The SEC's ongoing enforcement actions have raised concerns among industry participants, who are hopeful that the next administration will adopt a more constructive approach to crypto regulation.