Presidential Election and Crypto 🤔

According to statistics, every fifth American owns crypto — more than 52 million people in total. Presidential candidates understand that these could be their voters, so they are actively showing interest in the crypto space:

Kamala Harris:

🔵 Since September, Harris has started talking about the importance of crypto as part of the "opportunity economy" for every American

🔵 Many remember that under Biden, there was no clear regulation of cryptocurrencies. This raises doubts that Harris will be able to implement something sensible.

Donald Trump:

🔴 Now Trump compares crypto to AI and emphasizes its strategic importance for the United States. Judging by his statements, he sees the role of gold in Bitcoin — whoever has more of it is cooler.

🔴 Trump will probably want to regulate work with crypto, but at the same time, he can actively support crypto projects in order to keep up with China and other competitors.

General trend: support for crypto technologies

Whoever wins, the trend is clear: tightening regulation.

Increasing the transparency of transactions and combating money laundering are key areas for legislators, as they will be able to replenish the budget with taxes.

$BTC will rise 🚀

After the US presidential elections - in 2012, 2016 and 2020 - crypto grew by hundreds and thousands of percent. Given the interest of each of the candidates in the development of this area, the trend may continue. We are waiting for November 5

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