The presidential election results could significantly impact various market sectors, with cryptocurrency emerging as a key focus area.

"Trump has always been a little more friendly to the crypto environment, but even Harris had a kind of 'reset' where she kind of sat back down with the crypto community after seeing how influential these dollars were," IDX Advisors chief investment officer Ben McMillan told Yahoo Finance Anchor Josh Lipton.

McMillan emphasizes that comprehensive crypto regulation should be a top priority for the next administration, noting that the current regulatory framework has been "haphazard" over the years.

"With where we are as a country and our growth cycle, we can't be picking and choosing our spots for innovation, and crypto is a huge source of innovation," he states.

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This post was written by Angel Smith