PANews October 30th news, according to The Block, a week before the US presidential election, Charles Cascarilla, CEO of Paxos, urged presidential candidates Harris and Trump to establish a more friendly regulatory environment for digital assets and to establish a regulatory framework for stablecoins. Cascarilla wrote in a letter sent to the two candidates on Tuesday, 'As CEO and co-founder of Paxos, one of the leading companies in the tokenization and blockchain infrastructure field, I urge you to implement a more popular and clear regulatory environment for digital assets.' Cascarilla also warned that if the next government fails to follow through, the future of financial industry regulation may be at risk. He also criticized the current cryptocurrency regulatory environment as 'not conducive to financial innovation'.