Both Kamala Harris and Donald Trump have different views on cryptocurrency regulation. Trump’s focus is on reducing regulatory hurdles and promoting American economic dominance, while Harris prioritizes financial inclusion and addressing the needs of marginalized communities. Trump’s proposed policies include removing SEC Chair Gary Gensler, creating a national Bitcoin reserve, opposing Central Bank Digital Currencies, and promoting U.S.
dominance in Bitcoin mining. Harris, on the other hand, focuses on financial inclusion with an emphasis on underserved communities, and proposes tax policies on higher-income households and a capital gains tax for the ultra-wealthy. The crypto industry has mixed reactions to their proposals, with some embracing Trump’s pro-crypto approach while others worry about potential risks.
The outcome of the 2024 elections is likely to significantly impact the direction of crypto regulation in the U.S.
