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Crypto B4bit

10/07 09:29

Trump Vs Harris: What’s At Stake For Crypto’s Futu

Trump Vs Harris: What’s At Stake For Crypto’s Future?3af91c64-768e-4d40-b30d-67ef98849f20.webp

With just weeks until Americans vote, the sharp difference between Donald Trump's and Kamala Harris’s stances on digital assets signals a major shift ahead for the crypto world

As the U.S. election on November 5, 2024, nears, the cryptocurrency sector stands at a crucial turning point. With just weeks left before Americans vote, the sharp difference between Donald Trump’s and Kamala Harris’s stances on digital assets signals a major shift ahead for the crypto world. Experts are already weighing the potential outcomes of each candidate’s victory on blockchain technology and digital currencies in the U.S.

Trump, once a vocal Bitcoin critic, has reversed his stance. He now champions cryptocurrency, accepting crypto donations and proposing bold policies. His plans include turning the U.S. into a leader in Bitcoin mining and creating a national Bitcoin reserve. In contrast, Vice President Harris had been largely quiet on crypto until recently.

At a Wall Street event in September, Harris voiced support for the crypto industry while stressing the need for consumer protection. Shortly after, she shared her vision of an “opportunity economy” that integrates digital assets and AI, aiming for U.S. leadership in blockchain technology.

This emerging bipartisan support for crypto has caught the attention of industry figures. Uniswap’s founder, Hayden Adams, praised Harris’s forward-looking view, setting it apart from President Joe Biden’s more cautious stance. Yet, some, like analyst Gautam Chhugani from Bernstein, believe Harris’s policy needs more clarity. He suggests that under Trump, the crypto sector could see stronger momentum...........

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