Cryptocurrencies are the word of mouth of every citizen and DC’s politicians as elections are going to be conducted soon. Different political leaders have different views and plans for digital currencies which they are using in their electoral campaigns. Amid such a scenario, Brian Armstrong, the CEO (Chief Executive Officer) says that the existing gap between the needs of Americans and the crypto policies is going to be a controversial topic in the coming elections.
Armstrong’s Predictions about Crypto Policies and The Upcoming Elections
Coinbase’s CEO discusses his predictions regarding the role of cryptocurrencies to be played in upcoming elections in the United States of America. He is of the view that the crypto community is expanding day by day and so is the case with the crypto voters. Different political leaders have different views on the crypto industry, few are in favour of its regulations and others are entirely against it.
Armstrong says that the ones who are going to favour digital currencies will get prominent support from the crypto community. And others, who are criticizing, don’t even know the importance of regulating cryptocurrencies. He says that they must know the worth of the crypto community and must support and favour the crypto block to get a distinguished victory in the upcoming elections of 2024.
Current Mindset of Different Political Leaders about Cryptocurrencies
Armstrong states that roughly 56 million Americans are using cryptocurrencies which makes crypto block a strong household in America. So political leaders must reconsider their views about regulating the crypto community.
Ron DeSantis, the governor of Florida and Robert F. Kennedy Jr. have negative views about digital currencies. They even shared to ban even central bank digital currencies (CBDCs) if they are elected to control the regime. On the other hand, Joe Biden and Donald Trump realized the worth of the crypto industry and have shown optimistic and futuristic plans for regulating cryptocurrencies if any of them were elected to be US President. Currently, the White House is also in favour of digital assets.
SEC Issues Investors Alert Regarding Cryptocurrency Securities
Bitcoin’s Upward Price Journey – BTC to Hit New All-Time High (ATH) Value
U.S. Defense Bill 2024 Removes Crypto Regulations from the Legislation
You have not selected any currencies to display