CoinPost reported that although the U.S. Democratic Party released its draft platform for the presidential election, it did not mention cryptocurrency.
According to the media, the Democratic Party unveiled its party platform for this year’s presidential election on Sunday, one day before the national convention began.
In the U.S., cryptocurrency regulation at the national level has not yet been established, while the number of crypto holders and related businesses continues to grow. Many people see this presidential election as crucial for the future of cryptocurrency. However, Kamala Harris has not clearly expressed her views on the subject, drawing attention to the party’s platform.
The media explained that Harris is not entirely uninformed about cryptocurrency. She sees value in integrating the crypto industry into voter outreach and campaign donations. There have even been reports suggesting that if Harris wins the presidential election, SEC Chair Gary Gensler could be nominated as Treasury Secretary.
On the other hand, the Republican Party’s platform declared that they would “end the Democrats’ unlawful and un-American crypto crackdown.” They aim to stop regulating cryptocurrency and allow free trading.
Those who support favorable crypto policies believe that if Trump wins re-election, it could boost cryptocurrency prices and the industry.
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