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Blockchain & Cryptocurrency
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Democratic Push for Pro-Crypto Party Platform
2024-07-28 14:59:08
Politics
Technology

Democratic Push for Pro-Crypto Party Platform

Democrats in the U.S. House and candidates advocate for a pro-crypto stance, urging the party to embrace digital assets for global leadership.

Biden's exit presents an opportunity for Democrats to reset crypto policy and win back voters. Kamala Harris aims to repair ties with the crypto sector, seeking a constructive dialogue and regulatory framework.

Trump's support for crypto prompts Democrats to reconsider their approach, with a focus on innovation, competitiveness, and consumer protection. Harris's campaign targets a shift in perception, countering the anti-business image of Democrats.

The crypto electorate leans towards Democrats, offering a chance to regain their support.

Related news on that topic:

Trump's Bold Moves in Bitcoin Realm

Former skeptic Trump now vows to dismiss SEC chairman, create crypto advisory board, and bolster Bitcoin in government. Trump seeks NFTs, crypto donations, garnering support from major investors. If re-elected, he plans to retain government's Bitcoin holdings. Prominent figures like Andreessen and Horowitz back Trump over Democrats' crypto stance. Trump's campaign already raised $4 million in digital tokens. At Bitcoin2024, he vows to oust anti-crypto Gensler, emphasizing Bitcoin's importance. Supporters rally as Trump aims to integrate crypto into economic policies.

Trump's Vision for US Dominance in Global Crypto Market

Former President Donald Trump is leading a push to establish the US as the world's crypto leader. At the Bitcoin Conference, he unveiled plans for a national Bitcoin reserve and encouraged domestic Bitcoin mining. Senator Cynthia Lummis supports this by proposing the US government purchase 5% of the total Bitcoin supply to alleviate national debt. Trump also vowed to dismiss Gary Gensler from the SEC, emphasizing his pro-crypto stance. These initiatives mark a significant shift from Trump's previous criticism of Bitcoin, setting a new course for US involvement in the global cryptocurrency market.

Read 4 more recent news on this topic

The press radar on this topic:

The Street
2. August 2024 um 18:47

Biden’s exit offers Democrats a chance for a crypto ‘reset’ to win more votes

Politics
Technology
Biden's exit offers Democrats a chance to reset crypto policy and win back crypto voters. Kamala Harris and other Democratic leaders can embrace crypto and reset the party's dialogue. Trump's anti-crypto stance may become irrelevant if a pro-crypto Democrat emerges. Crypto industry donors have poured millions into Trump's campaign, but a Democratic nominee can propose a five-point plan to steal the crypto vote, including outreach, SEC/CFTC appointments, and policy proposals. The crypto elector..
CoinDesk
27. Juli 2024 um 15:00

Democratic Crypto Supporters Call for Crypto-Friendly Party Platform

Politics
Cryptocurrencies & blockchain
Technology
More than a dozen Democrats in the U.S. House and candidates request a pro-crypto stance in their party's platform, advocating for a 'forward-looking approach' to digital assets. They urge support for crypto, a vice-presidential candidate favoring it, and an SEC chair backing innovation. The Democratic National Committee is asked to embrace digital asset innovations for U.S. global leadership, contrasting the GOP's crypto-friendly stance. The group seeks a regulatory environment promoting inno..
Cointelegraph.com News
28. Juli 2024 um 11:29

Harris's campaign aims to repair democratic ties with crypto sector

Politics
Finance
Technology
Economy
Kamala Harris's advisers reach out to crypto firms to reset strained ties between Democrats and crypto sector. Goal is to foster constructive dialogue and establish regulatory framework. Trump emerges as crypto advocate, gaining industry support including $200 million pro-crypto super PAC. Biden administration's stance on digital assets criticized, with Democratic letter calling for party to reconsider approach. Harris's campaign aims to counter anti-business perception of Democrats; Trump del..
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