“Pro-crypto candidates,” should U.S. voters be worried?
The post “Pro-crypto candidates,” should U.S. voters be worried? appeared on BitcoinEthereumNews.com.
Voters’ interest in crypto and its political role is pumping up as the United States Presidential election 2024 is zoning in. The digital assets industry leaders are now weighing their opinions openly on the running candidates’ stances and pledges to safeguard the market participants. Ethereum co-founders, Charles Hoskinson and Vitalik Buterin expressed their concerns over the rising political focus on crypto. This includes regulations like MiCA in the EU and stablecoin rules in the UK, while, in the U.S. it remains the Securities and Exchange Commission’s (SEC) complex approach adds to the mix. Hoskinson sounds the alarm Ethereum and Cardano co-founder Charles Hoskinson has expressed concerns over Donald Trump’s entry into the DeFi space. He fears that the former President’s involvement could polarize the crypto topic that could turn it into a partisan issue. As per reports, he has suggested that the Democrats will try to weaponize the institutions in the U.S. to slow down and damage Trump. He added that it wouldn’t be a surprise if a Department of Justice (DOJ) investigation or the SEC go after them for the new platform. Despite Trump’s earlier criticisms of crypto, his campaign has embraced the industry as he amassed $25 million in donations. This development marked a major shift in Trump’s stance as he courts crypto voters. On the other hand, Kamala Harris has garnered a “B” grade from the Stand With Crypto advocacy group. This comes in after she showed her support for crypto and AI innovation. Both parties are now actively engaging with the digital asset space. Crypto views becoming key in U.S. politics A fresh survey done by Grayscale Investments and The Harris Poll found a surge in the percentage of American voters considering candidates’ views of Crypto. It found out that the voters remain split on crypto…
Filed under: News - @ October 1, 2024 5:20 am