Odaily Planet Daily News: J.W. Verret, associate professor at the Antonin Scalia School of Law at George Mason University, said that in the 2024 US presidential election, cryptocurrency supporters may only have one choice-Donald Trump. The Biden administration has taken a number of measures to suppress cryptocurrencies, including encouraging banks to cut ties with cryptocurrency companies, treating developers as brokers, and prosecuting privacy protocol developers. In contrast, Trump administration nominees such as CFTC Chairman Chris Giancarlo and SEC Commissioner Hester Peirce are known for their support for cryptocurrencies. If Trump is re-elected, he is expected to continue to support the cryptocurrency industry.