Dear Readers,
The US Presidential Election is to be held on 5 November 2024 which is one of the major political affair and its associated policy event by this year.
We can see that the present US President Joe Biden is contesting again from his Democratic Party ticket and he is opposed by none other than the former US President from the Republican party.
There is a fierce battle is happening in the US.
In the recent FOMC meeting also, due to the forthcoming election, there was a soft approach towards the policy decision and there was no harsh speech though.
The Democratic Party and the present US President Joe Biden is not so much favour to the crypto industry. Various crypto leaders and experts are advocating for the pro-crypto stand.
On the other hand Donald Trump is speaking a tone in favour to the cryptocurrencies. He has recently launched his own NFT very recently. He continuously spoken so hard for the Biden Government for all his policy crackdown of the digital assets and he is also so harsh with the SEC Chaiman Gary Gensler. He also winning hearts among the crypto enthusiasts in US.
This is first time the Digital Assets would be a major issue in the US Presential Elections.
In this connection, the Uniswap Founder Hayzdem Adams urged Joe Biden to make a reverse in his stand on cryptocurrencies so that not not to make a loss in the next Presidential term. He also said that Biden and his fellow democrats stand on anti-crypto would harm the crypto industry a lot. He made this public in his recent twitter (X) Post by today.
The US plays an important role in the crypto space. Recently BTC ETF was approved in the US by SEC and it gained a lot of momentum in the crypto space and globally. It is everyone's wish that like the same way of BTC ETF approval, the ETH ETF would also be approved by May 23, 2024. We have made an article in this too. Click here if you have missed it out.
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