Binance's Regional Market Head Vishal Sacheendran, in an interview at the Token2049 event, said that the November elections are not expected to have a significant impact on global digital asset regulation.

"Crypto regulation is completely decentralized," Sacheendran said. "(The US election) will impact how the Middle East, Latin America, and Southeast Asian countries deal with crypto markets? They know what's best for their countries."

He pointed out that Asian regions like Singapore, Thailand, Indonesia, and India are now major crypto markets, with leaders and regulators in these regions taking a more open attitude towards fostering Web3 talent.