Analysis: Biden withdraws from the campaign, and the Democratic Party welcomes a turnaround in cryptocurrency voters

President Biden's announcement of his withdrawal from the presidential race provides the Democratic Party with an opportunity to win over cryptocurrency voters before the November election. Experts point out that the Democratic Party can attract voters by changing its cryptocurrency policy. Biden supports Vice President Harris as the next potential nominee for the Democratic Party. Chervinsky, chief legal officer of crypto investment company Variant Fund, criticized the Biden administration's hostility to cryptocurrencies and pointed out that Trump is actively seeking crypto votes, promising to end "Biden's war on cryptocurrencies." Policy group CIFonX said Biden's withdrawal provides an opportunity for the Democratic Party to re-examine its cryptocurrency policy. (Decrypt) $BTC