Democrats Poised To Win Back Crypto Voters Amid Biden’s Departure – Expert

Quick Summary:

Popular crypto advocate and Chief Legal Officer (CLO) of Variant Fund has highlighted a significant opportunity for the Democratic Party in the United States following incumbent President Joe Biden’s recent disclosure of forfeiting the upcoming presidential election.

The nominee should acknowledge the shortcomings of the SEC’s enforcement-first strategy and present a framework for legislation that balances consumer protection and digital asset innovation.

As a result, many crypto individuals will support these Democrats over the Republicans due to their actions to stifle digital currency innovation in the US with regulations under Biden.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: HungaryUnited States

Topics: Nominee Election Democratic Chervinsky Crypto Biden Party Significant Cryptocurrency Voters Digital

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 10:30:49 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21750375

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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Publisher ID: #105

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