#JoeBiden Enters the Race for the Attention of the Crypto Community! - TheBlock
Two weeks ago, the SEC was against the Ethereum ETF, but now there has been a sudden reversal. 🧐
This appears to be a political move, as the current president and the Democratic Party are in dire need of the younger generation's votes for the upcoming presidential elections.
The Biden administration's stance on cryptocurrency seems to be softening, with the US Senate voting to repeal "SAB 121".
👀 #Biden is toning down his previously aggressive rhetoric towards the crypto industry and adopting a more friendly approach. The #EthereumETF is the first indication of this shift. He aims not to alienate voters in a competitive presidential race.
Meanwhile, #Trump has started accepting donations in crypto. 😁