The crypto industry has had a significant impact on U.S. politics this election cycle, despite Bitcoin not being on the ballot. Highlights include Donald Trump's promise to protect the U.S. crypto industry, the GOP's support for Bitcoin mining and self-custody, and Trump's announcement of a DeFi platform called World Liberty Financial. On the Democratic side, Sen. Chuck Schumer vowed to pass crypto regulation, and Kamala Harris pledged to support regulations to protect Black men who invest in digital assets. However, there have been challenges, such as scammers targeting the WLF project and confusion over the legitimacy of the DJT token. Overall, crypto has been a prominent topic in the election cycle.
- Content Editor ( decrypt.co )
- 2024-11-05
Crypto's Defining Moments in the Lead Up to the US Election