Gary

<a href="https://bitcoinworld.co.in/crypto-is-becoming-an-election-issue-what-does-that-mean/" title="Crypto Is Becoming An Election Issue: What Does That Mean?" rel="nofollow"></a>
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  <p><span class="TextRun SCXW246922132 BCX8" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW246922132 BCX8">In the lead-up to the U.S.&nbsp;</span></span><a class="Hyperlink SCXW246922132 BCX8" href="https://www.coinbackyard.com/cryptocurrency/gary-gensler-crypto-x-troll-post/" target="_blank" rel="noreferrer noopener"><span class="TextRun Underlined SCXW246922132 BCX8" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW246922132 BCX8" data-ccp-charstyle="Hyperlink">elections this November</span></span></a><span class="TextRun SCXW246922132 BCX8" lang="EN-US" xml:lang="EN-US" data-contrast="none"><span class="NormalTextRun SCXW246922132 BCX8">, a survey funded by Digital Currency Group (DCG) found that more than 20% of voters in several swing states consider cryptocurrency as a significant issue. This discovery marks a notable shift compared to&nbsp;</span><span class="NormalTextRun SCXW246922132 BCX8">previous</span><span class="NormalTextRun SCXW246922132 BCX8">&nbsp;election cycles. It&nbsp;</span><span class="NormalTextRun SCXW246922132 BCX8">indicates</span><span class="NormalTextRun SCXW246922132 BCX8">&nbsp;a growing awareness and concern about crypto among the electorate.</span></span><span class="EOP SCXW246922132 BCX8" data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:300,&quot;335559739&quot;:300}">&nbsp;</span></p> 
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   <p><span data-contrast="none">The survey, conducted online, sheds light on the evolving political landscape surrounding crypto. It suggests that politicians from both parties are increasingly willing to take positions either in favor of or against cryptocurrency. This contrasts with past elections, where crypto-related issues received less attention from candidates and voters alike.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:300,&quot;335559739&quot;:300}">&nbsp;</span></p> 
   <p><span data-contrast="none">Former President Donald Trump, for instance, has shifted his stance on crypto, now seeing it as a potentially powerful ally. Similarly, outsider candidate Robert F. Kennedy has emerged as a vocal supporter of&nbsp;</span><a href="https://www.coinbackyard.com/cryptocurrency/bitcoin-trump-win-us-fiscal-dominance/"><span data-contrast="none">Bitcoin</span></a><span data-contrast="none">. Their endorsements reflect the increasing importance of crypto in political discourse.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:300,&quot;335559739&quot;:300}">&nbsp;</span></p> 
   <p><span data-contrast="none">Of particular note is the significance of crypto in key battleground states like Arizona, Michigan, Montana, Nevada, Ohio, and Pennsylvania. According to an online Harris Poll commissioned by DCG, one-third of voters with positive views on crypto believe that regulating crypto should be a priority for policymakers.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:300,&quot;335559739&quot;:300}">&nbsp;</span></p> 
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   <h2 id="strong-advocating-for-pro-crypto-policies-strong-span-data-ccp-props-134233117-false-134233118-false-335557856-16777215-335559738-300-335559739-300-span"><strong>Advocating for Pro-Crypto Policies</strong><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:300,&quot;335559739&quot;:300}">&nbsp;</span></h2> 
   <p><span data-contrast="none">Julie Stitzel, senior vice president of policy at DCG, emphasized the importance of crypto-awareness among voters. She stated that a pro-crypto stance could be beneficial for policymakers and candidates, highlighting the need for reasonable regulations that balance consumer protection with innovation.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:300,&quot;335559739&quot;:300}">&nbsp;</span></p> 
   <p><span data-contrast="none">These findings coincide with a growing trend of crypto companies and advocates becoming more politically active. Organizations like Stand With Crypto, led by Coinbase, aim to influence state and federal crypto policy by mobilizing potential voters and raising funds.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:300,&quot;335559739&quot;:300}">&nbsp;</span></p> 
   <p><span data-contrast="none">However, the influx of money into politics, particularly from the&nbsp;</span><a href="https://www.coinbackyard.com/cryptocurrency/cape-town-crypto-hub/"><span data-contrast="none">crypto industry</span></a><span data-contrast="none">, raises concerns among the public. The recent FTX scandal, where significant funding from crypto entities was injected into political races, has heightened scrutiny on such financial interventions. Voters may be wary of overt financial influences in political decision-making.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:300,&quot;335559739&quot;:300}">&nbsp;</span></p> 
   <p><span data-contrast="none">Moreover, there’s no guarantee that politicians will uphold their campaign promises once in office. Gary Gensler, expected to adopt a more lenient approach to crypto regulation due to his background in teaching about the industry at MIT, serves as a cautionary example. His actions as the head of the U.S. Securities and Exchange Commission (SEC) may not necessarily align with initial expectations.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:300,&quot;335559739&quot;:300}">&nbsp;</span></p> 
   <p><span data-contrast="none">In conclusion, crypto’s increasing prominence in election discussions reflects its growing importance. However, it also raises questions about the intersection of finance and politics. As voters weigh the implications of crypto-related policies, they must navigate the complexities of campaign promises and the realities of governance.</span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:300,&quot;335559739&quot;:0}">&nbsp;</span></p> 
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<p>The post <a href="https://bitcoinworld.co.in/crypto-is-becoming-an-election-issue-what-does-that-mean/">Crypto Is Becoming An Election Issue: What Does That Mean?</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.</p>

Crypto Is Becoming An Election Issue: What Does That Mean?

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