Golden Finance reported that President Biden may soften his stance on cryptocurrencies to win voter support. Although the Biden administration has increased regulation of crypto companies, he may accept Bitcoin campaign donations as the 2024 election approaches, and has expressed his willingness to work with Congress to develop a regulatory framework. President Trump criticized Bitcoin during his tenure, calling it "based on castles in the air," but launched the NFT series in December 2022 and announced that the campaign would accept cryptocurrency donations. Both Biden and Trump are vying for the support of cryptocurrency voters, most of whom are young professionals from Generation Z and Millennials. The two candidates' positions will face off for the first time in the presidential debate on June 27.