Cryptos Impact on US Politics: Key Milestones

Crypto has become a significant topic in U.S. politics, with both presidential candidates showing interest in the industry. Some key milestones include:

1. Donald Trump promising to protect the American crypto industry during an event for his NFT collection at Mar-a-Lago. 2. The Republican National Committee promising to support the right to mine Bitcoin and self-custody crypto in its party platform.

3. Donald Trump promising to create a strategic Bitcoin stockpile for the Federal Reserve and firing SEC Chair Gary Gensler if elected. 4. Senator Chuck Schumer vowing to pass legislation that gives clear regulatory guardrails for the crypto industry at a digital town hall meeting for Democratic presidential nominee Kamala Harris.

5. Vice President Kamala Harris acknowledging the crypto industry and stating that her administration would fight to help the U.S. “remain dominant in AI and quantum computing, blockchain and other emerging technologies.”

6. The Harris campaign promising to champion new digital assets regulations in the U.S.

as part of its official strategy to target Black voters.

Source

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