The United States surpassed China in 2021 to become the world's largest bitcoin mining hub, but did you know that Biden has proposed a 30% tax on miners? While that could cause miners to move to other countries, he doesn't seem concerned about that. Therefore, it is not convincing to assume that just because many domestic financial institutions are investing in bitcoin, it means that the Harris administration will support bitcoin adoption or introduce bills to promote its development. What they want is more and more taxes, not necessarily any intention of promoting market development.

I don't trust Harris when it comes to crypto because of what the Biden administration has done although she could still change that stance after she is elected. When it comes to cryptocurrencies, Trump is more trustworthy.