U.S. Election Impact on Cryptocurrency Analysis by CoinShares Report
15.08.2024 11:00 1 min. read Alexander Stefanov
CoinShares recently analyzed how the upcoming US elections could impact the cryptocurrency industry.
Donald Trump is emerging as a strong crypto supporter, while Kamala Harris’s position is less clear but potentially more moderate.
Trump has chosen J.D. Vance, a pro-crypto former venture capitalist, as his running mate. Vance is already drafting new crypto regulations and Trump is now actively supporting Bitcoin, accepting it for campaign donations and meeting with miners.
He has also promised to replace SEC Chairman Gary Gensler, criticizing his approach to crypto regulation.
Conversely, Kamala Harris’s views on cryptocurrency remain ambiguous. While her stance might be more balanced compared to President Biden’s, it’s uncertain how she would handle crypto issues.
Recent Democratic shifts towards re-evaluating crypto regulations could influence her stance, especially with 50 million Americans engaged in the industry.
The CoinShares report suggests that Trump’s presidency might create a mixed yet potentially beneficial environment for Bitcoin, whereas Harris may adopt a more measured approach, possibly aligning with Democrats who are advocating for crypto-friendly policies.
-
1
U.S. Senator Warns CBDCs Could Undermine American Values and Privacy
12.03.2025 15:00 2 min. read -
2
Germany Blocks Major Altcoin’s Stablecoin Offering Amid Regulatory Issues
22.03.2025 17:00 2 min. read -
3
Ripple’s RLUSD Could Be a Game-Changer in the Trillion-Dollar Stablecoin Race
21.03.2025 20:00 1 min. read -
4
Peter Schiff Demands Investigation into Trump’s Alleged Role in Crypto Market Manipulation
04.03.2025 11:55 2 min. read -
5
David Sacks Offloads $200M in Crypto Investments Before Joining Trump Administration
16.03.2025 20:30 2 min. read
Coinbase’s Legal Chief Backs Atkins’ SEC Nomination for Clearer Crypto Rules
Paul Atkins’ nomination to head the U.S. Securities and Exchange Commission (SEC) has sparked a mix of support and opposition.
Sei Network Explores Acquisition to Safeguard Genetic Data Privacy
The Sei network, known for its layer-1 blockchain, has revealed its interest in acquiring the genetic testing company 23andMe following its bankruptcy filing.
French Bank Launches €25 Million Fund to Support Emerging Cryptocurrencies
French investment bank Bpifrance is turning its attention to the cryptocurrency market, with plans to invest up to 25 million euros into smaller, emerging digital assets.
Ripple CLO Declares the Company’s Fight with SEC Is Over
Ripple’s prolonged legal dispute with the U.S. Securities and Exchange Commission (SEC) is now reaching its final chapter, according to the company’s chief legal officer, Stuart Alderoty.
-
1
U.S. Senator Warns CBDCs Could Undermine American Values and Privacy
12.03.2025 15:00 2 min. read -
2
Germany Blocks Major Altcoin’s Stablecoin Offering Amid Regulatory Issues
22.03.2025 17:00 2 min. read -
3
Ripple’s RLUSD Could Be a Game-Changer in the Trillion-Dollar Stablecoin Race
21.03.2025 20:00 1 min. read -
4
Peter Schiff Demands Investigation into Trump’s Alleged Role in Crypto Market Manipulation
04.03.2025 11:55 2 min. read -
5
David Sacks Offloads $200M in Crypto Investments Before Joining Trump Administration
16.03.2025 20:30 2 min. read
