The U.S. elections are approaching, and the impact on crypto is significant. Do you know which one is better for crypto, Kamala or Trump?
The upcoming U.S. elections are highly significant for the crypto market and could have a major impact. Both Kamala Harris (Democratic Party) and Donald Trump (Republican) have different views on cryptocurrencies. #CPI_BTC_Watch
Kamala Harris, as part of the Biden administration, advocates for more regulation and oversight in the crypto market. This approach aims to protect consumers and prevent fraud, but it may slow down innovation. #Binance
Donald Trump, on the other hand, has a more favorable stance on crypto. He has expressed intentions to fire Gary Gensler, the SEC Chair known for his skepticism towards crypto, and turn the U.S. into a global crypto hub.
From the perspective of the crypto world, neither candidate fully supports the ideals of decentralization and innovation. However, their approaches to regulation and policy differ, which could influence how the market reacts depending on the election outcome.