December 2, 2022

The next US president is turning pro-crypto

You might not say it, but politics has become more important to the world in recent years Cryptocurrencies. A few years ago, politicians could completely ignore the market, but now they cannot. The CEO of a major lobby group thinks the next president of the United States will be in favor of crypto.

Is Joe Biden’s Successor Going Pro-Crypto?

Chamber of Digital Commerce CEO Perianne Boring was there last week Featured on CNBC. Here he talks about the growth of the crypto industry and why the industry cannot be ignored. They are refers to A survey conducted by Grayscale found that one in five voters in the US would invest in crypto.

If a candidate takes crypto into account, more than half of voters are expected to vote early in the upcoming midterm elections early next year. The committee is also considering crypto policies while voting. In fact, 79% of Americans want clear crypto policies.

It refers to cryptocurrencies such as Bitcoin (BTC) is already so important that politicians should take it into account in the long run. Indeed, digital assets are a means of winning votes, and that is politics. Boring also emphasizes that promotion is completely independent of which party people want to see in government.

US lags behind Bitcoin and crypto regulation

Many countries have been increasingly progressive in their crypto regulation in recent months and years. For example, the new Prime Minister of England, Richie Sunak, A An outspoken advocate of crypto. But the US Securities and Exchange Commission (SEC) is still very cautious. That’s what the market thinks Not very decentralized As we like to think.

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Also, the SEC is not a fan of Non-Fungible Tokens (NFTs). The policymaker is investigating Bored Apk’s developer Yuka Labs Should not be illegal NFTs Sold as shares. Either way, a lot would improve if the US government became ‘pro-crypto’.