Cryptocurrency Circle Perspective: The Democratic Party’s election platform neglects cryptocurrencies, while the Republican Party strongly supports them
In the Democratic Party’s nearly 100-page election platform, cryptocurrencies and blockchain technology are absent, which is in sharp contrast to the Republican Party’s clear support for cryptocurrencies. Although the Democratic Party has recently strengthened its exchanges with the crypto community, the Biden-Harris government’s regulatory measures still put pressure on crypto giants. Harris’s past positions may prompt crypto-leaning voters to turn to the Republican Party.
Key points:
The Democratic Party’s election blueprint does not involve cryptocurrencies and blockchains, indicating a cold policy.
The Republican platform actively embraces cryptocurrencies and has issued multiple statements of support.
Although the Democratic Party has recently heated up its interactions with crypto leaders, the policy impact is limited.
Crypto donations help the Democratic Party’s congressional campaign, and the flow of funds is worth paying attention to.
As a potential candidate, Harris’s expectations of a balanced crypto attitude have sparked discussions within the party.
The Biden-Harris government has implemented strict regulations on the crypto industry, restricting the expansion of U.S. business.
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