2024 US Presidential Elections: What Could Happen to Crypto?!

Jun 05, 2023

Hey Guys,

I know that there is a great deal of FUD and uncertainty in the crypto markets atm. In less than 24 hours, the SEC has sued both Binance and Coinbase.

This comes on the heels of frustration from the industry as well as congressional leaders about the SEC's "regulation by enforcement".

This is why the US election next year is of so much significance for crypto. The outcome could have huge implications for crypto regulation and financial freedom. That’s why I decided to assess where the top candidates stand on crypto and CBDCs.

Obviously, it’s still soon to say who the presidential nominees from each party will be. For now Biden and Trump are the front runners among the Democrats and Republicans, respectively. RFK Jr. and DeSantis seem to be hot on their heels.

Of these four, RFK Jr. seems to be the most pro-crypto, and also the most anti-CBDC. More importantly, he actually seems to understand both. The other candidates still have work to do on that front, and it will be interesting to see where they end up.



⛓️ 🔗 Useful Links 🔗 ⛓️

► Biden White House Releases Crypto Risk Roadmap: https://cointelegraph.com/news/white-...

► RFK Jr. Supports Crypto, Hates CBDCs: https://cointelegraph.com/news/rfk-jr...

► DeSantis CBDC Ban Doesn’t Do Anything: https://www.coindesk.com/policy/2023/...

► Trump Says Bitcoin Is A Scam: https://cointelegraph.com/news/trump-...


📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.