Dear Friends,
One of the major topics that the world is expecting and watching keenly on the US Presidential Polls.
Unlike all the previous polls, cryptos being the major topic discussion in the current President Poll.
While the Republican candidate and the past President Donald Trump openly support for the cryptos this time in his campaign.
It is to be noted that Donald Trump in his last term was not a person to support Crypto. He had much tough talk on crypto and he did not support at all.
This term under Biden, he supports SEC and its Chair Gary Gensler who took also tough stand on cryptos and crypto exchanges.
There were lots of cases initiated against the cryptos and crypto exchanges by SEC.
The only good news in his term is the approval of BTC & ETH ETFs which would open the wide range of mainstream adoption of the cryptos by various sectors and would guarantee the fund flow into the crypto industry as well.
The whole world even though know the cryptos better, but after the Covid halt down, every one took keen interest in cryptos and many investors have come into the industry.
Understanding the huge potential, Donald Trump also spoken in favour of cryptos this time and he made his own NFT and collects crypto donations by this campaign.
Efforts are also under way to make him participate in the Bitcoin 2024 conference by this year which would be held by next month.
But every one were expecting that the topic crypto would be reflected in their first face-face battle yesterday and the entire crypto industry was expecting a lot.
But, the crypto was not mentioned in their discussions.
Even though this was missing, the good news is that Trump is taking an edge over Biden in this time.
Day by day the gap is widening and Trump is making constant progress.
With this, the crypto markets are also getting momentum.
If Trumps comes to power, hope he will be favouring crypto industry this time with various policy decisions and policy frameworks.
Let's wait till November to get all the confirmations.
Also please don't miss out my previous articles on US Presidential Elections and Cryptos
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