If elected, Trump outlines his intentions for cryptocurrency, while Harris takes action
Under Trump's administration, crypto restrictions will be relaxed, and the United States will become the global center for digital assets such as Bitcoin.
The campaign of Kamala Harris is now accepting cryptocurrency contributions, as reported by Fortune.
The influence of the next presidential elections on the trajectory of Bitcoin was discussed by Fred Krueger.
Even though Republican presidential nominee Donald Trump has ambitions to create America the world's crypto capital, Bitcoin (BTC) is down 3% on Thursday despite favorable feelings.
If elected, Trump outlines his intentions for cryptocurrency, while Harris takes action With the November elections just around the corner, politicians are making more and more moves to highlight the importance of crypto voters.
Trump, a Republican running for president in November, reaffirmed his support for the cryptocurrency business in a speech he gave at the Economic Club of New York.
"Instead of attacking industries of the future, we will embrace them, including making America the world capital for crypto and Bitcoin," he stated.
Over the past few months, Trump has made a number of attempts to win over crypto voters. These include accepting donations in crypto, meeting with prominent crypto figures, including crypto in the GOP 2024 platform, and even attending Bitcoin conferences in Nashville and other important crypto events.
The vice president's campaign has started collecting crypto contributions via the exchange, according to Fortune, which came after many were waiting for Democratic presidential contender Kamala Harris to announce her position on cryptocurrency.
Polymarket, a market for crypto predictions, still has Trump 7% ahead of Kamala, regardless of the news. Even though Kamala was in the lead throughout the most of August, crypto investors now seem to be rooting for Trump to win the election.