{"id":43719,"date":"2024-10-24T08:37:15","date_gmt":"2024-10-24T08:37:15","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=43719"},"modified":"2024-10-24T09:04:06","modified_gmt":"2024-10-24T09:04:06","slug":"harris-or-trump-whos-better-for-crypto","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/harris-or-trump-whos-better-for-crypto\/","title":{"rendered":"Harris or Trump: Who&#8217;s Better for Crypto?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>As the US presidential election approaches, the crypto community is buzzing with anticipation. Both Vice President Kamala Harris and former President Donald Trump are staking their claims to a crypto-friendly future, albeit with differing approaches. This article explores the potential implications of their respective positions on cryptocurrency, examining whether Harris can break free from Biden&#8217;s regulatory legacy or if Trump&#8217;s promises can truly usher in a new era for digital assets.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>A Shift in the Crypto Landscape<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The political landscape is shifting, with <a href=\"https:\/\/crypto-globe.com\/en\/italy-to-raise-tax-on-cryptocurrency-transactions-from-26-to-42-percent\/\" target=\"_blank\" rel=\"noopener\" title=\"\">crypto<\/a> taking center stage in campaign discussions. Polymarket&#8217;s trading volumes surpassed $380 million in July 2024, highlighting the growing interest in crypto amid the election frenzy. During a recent campaign event in Milwaukee, Harris expressed her commitment to cutting bureaucratic red tape surrounding cryptocurrencies, stirring optimism despite concerns that she may inherit Biden&#8217;s stringent regulatory framework.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The upcoming debate between Trump and Harris is expected to be a pivotal moment for crypto policy discussions, yet both candidates\u2019 vague stances on regulation have left the community wary, questioning their sincerity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Is Harris the Successor to Biden\u2019s Harsh Crypto Policies?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Harris&#8217;s political background raises concerns among crypto advocates who fear she may continue the Biden administration&#8217;s strict regulatory stance. The Biden administration&#8217;s executive order on digital assets emphasized consumer protection but left many questions unanswered regarding specific regulations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Harris&#8217;s potential appointment of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Gary_Gensler\" target=\"_blank\" rel=\"noopener\" title=\"\">Gary Gensler<\/a> as Treasury Secretary adds to these concerns. Gensler, once viewed as a proponent of digital assets, has shifted to a critical stance against crypto under Biden, solidifying his reputation as a crypto adversary.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The crypto community questions whether Harris can make meaningful changes in a landscape where key decision-makers remain opposed to mass adoption.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Will Donald Trump Become a True Promoter of a Crypto-Friendly America?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In contrast, Trump has undergone a transformation regarding cryptocurrency. Initially skeptical, he has shifted towards a more supportive position, recognizing the economic benefits of digital assets. His acceptance of crypto donations and foray into NFTs underscore this growing affinity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Trump\u2019s recent promises to fire SEC Chair Gary Gensler and dismantle what he describes as a &#8220;war on crypto&#8221; signal a significant pivot in his campaign. His support from key figures in the crypto community positions him as a champion for the industry, potentially rallying the pro-crypto electorate in his favor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the US presidential election approaches, the crypto community is buzzing with anticipation. Both Vice President Kamala Harris and former President Donald Trump are staking their claims to a crypto-friendly future, albeit with differing approaches. This article explores the potential implications of their respective positions on cryptocurrency, examining whether Harris can break free from Biden&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":43728,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162,15],"tags":[99,110],"class_list":["post-43719","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","category-kryptomeny","tag-bitcoin-en","tag-crypto"],"aioseo_notices":[],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"aioseo_meta":{"seo_title":"#post_title #current_year","meta_description":"Explore how Kamala Harris's crypto commitments stack up against Donald Trump's promises in the lead-up to the 2024 US presidential election.","focus_keyword":"Harris"},"_links":{"self":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/43719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/comments?post=43719"}],"version-history":[{"count":1,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/43719\/revisions"}],"predecessor-version":[{"id":43727,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/43719\/revisions\/43727"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/media\/43728"}],"wp:attachment":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/media?parent=43719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/categories?post=43719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/tags?post=43719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}