📌 $BTC $ETH $SOL Why is cryptocurrency a central issue in the 2024 US presidential election?

🔺 The United States will usher in a presidential election in November. All 435 seats in the House of Representatives and 33 seats in the Senate will also be up for election. Cryptocurrency seems to have become one of the key issues in the 2024 US election. Cryptocurrency practitioners are preparing for this election. Political donations of US$94 million were invested in the general election, setting a new record

🔺 Bloomberg data shows that the cryptocurrency industry has donated $94 million to the 2024 U.S. elections, a record high and more than the $83 million donated during the last election in 2020.

Most donations were made through political action committees (PACs). a16z founders Marc Andreessen and Ben Horowitz donated US$9 million each, the Winklevoss twins donated US$2.5 million each, Coinbase and Ripple Labs donated US$20.5 million and US$20 million respectively. Coinbase CEO Brian Armstrong also personally donated $1 million

🔺 Why has cryptocurrency become the focus of American voters?

First of all, this may start with the thunderstorm of FTX, the world's second largest cryptocurrency exchange. FTX collapsed overnight in November 2022. It is estimated that there are more than one million creditors and the loss amounted to tens of billions of dollars. Many people They lost all their money, including many American voters. After this incident, many voters believed that it was necessary for the government to strengthen the supervision of cryptocurrency, and therefore began to pay attention to the candidate's stance on cryptocurrency.

🔺 Cryptocurrency becomes the focus of 2024 election

The latest poll released by the Digital Currency Group (DCG) this month shows that 1 in 5 voters in swing states believe that cryptocurrency is a key issue in the 2024 US election. More than half of voters are worried that policymakers will stifle innovation, and 1 in 5 voters Four in 10 voters want members of Congress to understand cryptocurrencies before trying to regulate them

Kristin Smith, CEO of the Blockchain Association, a cryptocurrency industry advocacy organization, said that this poll proves that digital assets have become an important issue in the general election, and 26% of voters stated that they will actively weigh it when making decisions. Candidates’ stance on digital assets