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COINTURK NEWS > Cryptocurrency Law > Trump Adopts Crypto-Friendly Approach Before Presidential Elections
Cryptocurrency Law

Trump Adopts Crypto-Friendly Approach Before Presidential Elections

In Brief

  • Trump adopts a highly crypto-friendly approach before the presidential elections.

  • Democrats put Harris against Trump, aiming for the first female president.

  • Crypto companies are influencing elections, with voters split between parties.

COINTURK NEWS
COINTURK NEWS 2 years ago
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Before the presidential elections in November, Trump has adopted a highly crypto-friendly approach. Gensler and others’ negative discrimination against crypto in the US will naturally make a significant positive contribution to the price. Trump promises a policy that is the complete opposite of his 4-year stance, taking things to another level.

Contents
US Elections and TrumpUS Election Research

US Elections and Trump

With the assassination attempt, Trump’s votes increased, and he crushed Biden in the debate. Democrats realized they would lose if they entered the election with Biden and came up with a great idea. They put Harris, who is both black, strong within the Democrats, and has the potential to be the first female president, against Trump.

If Harris, the first black female vice president, wins the election, she will become the first female president. Trump, meanwhile, emerges with a promise to save the country from entering World War III amid court cases and other reputation-damaging issues. He makes highly positive promises about crypto and seeks the votes of crypto-focused voters.

US Election Research

Coinbase and other US-based crypto companies are doing everything they can to ensure that anti-crypto candidates lose elections in their regions. They are pumping millions of dollars into this area. Election research and reports are also included. According to research commissioned by Coinbase, crypto-investing voters in swing states are evenly split between the two parties.

Impact Research says the voters are 41% to 39%. Democrats are ahead here.

“Young voters can change the balance for both parties – and this is even more critical in battleground states where a handful of ballots can mean the path to victory for either party.”

Democrats are holding their party conventions in Chicago from August 19-22. It is likely that Kamala will clarify her stance on crypto here. Good or bad news may come in a few days. Biden and his team, who won the 2020 elections by only 80,000 votes in three states, are aware of how important each voter is.

It is also possible to mention the environment in the last election where the media fueled and Trump was overshadowed and isolated. So, can Trump win the elections in a more comfortable environment with the support of crypto investors? Or will Harris realize that crypto hostility (or neutrality) will not bring her votes and make crypto-friendly statements to secure victory?

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 19 August, 2024 - 11:37 pm 19 August, 2024 - 11:37 pm
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