Trump and Harris face off in debate as future crypto policies remain unclear
The post Trump and Harris face off in debate as future crypto policies remain unclear appeared on BitcoinEthereumNews.com.
Key Takeaways Only 6% of surveyed voters are interested in crypto discussions at the upcoming presidential debate. Trump supports Bitcoin, while Harris has not disclosed her crypto policy stance. Crypto policy is unlikely to take center stage as Donald Trump and Kamala Harris square off in their first presidential debate Tuesday night, despite growing calls for clarity on the candidates’ stances. A recent Benzinga poll found only 6% of respondents were most interested in hearing the candidates discuss digital assets, with the economy, jobs and immigration ranking as top priorities. However, the crypto industry is pushing for more attention, with advocacy group Chamber of Progress urging debate moderators to give voters insight into where Trump and Harris stand on crypto before November’s election. Policy differences The candidates bring markedly different track records on crypto to the debate stage. As president, Trump reportedly told his Treasury Secretary to “go after” Bitcoin, later calling it a “scam” after leaving office. However, since announcing his 2024 run, Trump has pivoted to a pro-crypto platform, vowing to support Bitcoin miners, oppose central bank digital currencies, create a strategic reserve with Bitcoin, and fire SEC Chair Gary Gensler if elected. In contrast, Vice President Harris has remained largely silent on crypto policy throughout her campaign. Her platform emphasizes prioritizing innovation and ensuring US leadership in emerging industries, but makes no explicit mention of digital assets and crypto. A campaign advisor stated Harris would “support policies that ensure that emerging technologies and that sort of industry can continue to grow,” but provided few specifics. The lack of clarity from Harris has left the crypto community searching for clues about her potential approach. Some industry observers have seized on reports that Democratic donors are pressuring Harris to replace Gensler at the SEC if elected, viewing it as…
Filed under: News - @ September 11, 2024 1:21 am