Republican

Biden

Joe Biden

The Democratic Party's newly released platform has sparked significant controversy by omitting any mention of cryptocurrency, a topic that has grown increasingly crucial to voters as the 2024 election approaches. This silence stands in stark contrast to the Republican Party, which has positioned itself as a staunch defender of Bitcoin and the broader crypto industry. The GOP has pledged to end what it describes as the Democrats' "unlawful and unAmerican Crypto crackdown" and has vowed to protect the right to mine Bitcoin. according to <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40447234/crypto-absent-from-democratic-platform-as-republicans-champion-bitcoin-mining-rights" rel="noopener noreferrer nofollow">Benzinga</a>.
 
Former President Donald Trump, the Republican presidential nominee, has doubled down on his pro-crypto stance. His recent disclosures revealed that he holds millions in Ethereum-based assets and has earned over $7 million from various NFT collections. This move further solidifies his image as a crypto-friendly candidate, especially after his high-profile appearance at the Bitcoin Conference in Nashville.
 
The Democratic platform, finalized and approved by the committee in July, just days before President Joe Biden withdrew from the race, has left many crypto advocates within the party disappointed. With Biden no longer in the running, Vice President Kamala Harris is leading the campaign, and there is growing pressure on her and the party to clarify their stance on digital assets.
 
Last week, a town hall event organized by Crypto4Harris, a grassroots network of crypto advocates, aimed to explore the Democrats' approach to digital asset regulation. The event featured prominent figures like billionaire Mark Cuban and <a href="https://ultramining.com/news/en/senator-lummis-pushes-for-crypto-regulation-amid-sec-lawsuits/" rel="noopener noreferrer nofollow">U.S.</a> Senate Majority Leader Chuck Schumer, who emphasized the need for balanced regulation that promotes innovation while providing common sense guardrails.
 
As the November election looms, the future of digital assets remains a key issue for many voters.

Crypto Community Left in Limbo: Democrats’ Platform Snubs Digital Assets

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