This year's US elections are shaping up to be one of the most volatile in recent history, and cryptocurrencies are only fueling interest. Unlike previous cycles, politicians are actively declaring their views on cryptocurrencies and blockchain. 🗳️
On June 24, Carol House, author of President Joe Biden's executive order creating a regulatory framework for cryptocurrencies in the United States, left her post at the New York Department of Financial Services to return to the White House.
Politicians realize that cryptocurrency owners now make up 15% to 20% of the American population, and are trying to win their votes by appealing to their economic interests.
Bringing House back to the White House is a sign that the administration is adapting to a new reality. Cryptocurrencies are here to stay and their impact on our financial, investment and economic sectors can no longer be ignored.