A new report from HTX Ventures looks at the potential impact of cryptocurrency on the 2024 US presidential election. The study found that both Donald Trump and Kamala Harris have used cryptocurrency to secure support from the crypto community. The report identifies four reasons why cryptocurrency has become a central issue in the election: its importance to the US economy, the growing interest of voters in cryptocurrency, the Biden administration’s tight regulation of the industry, and the rise of crypto companies as major political donors.
The report also compares the two candidates’ cryptocurrency policies and discusses the emergence of on-chain prediction markets.