Opinion: Trump may become the crypto industry's hope for the 2024 election

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Odaily Odaily News: JW Verret, associate professor at George Mason University's Antonin Scalia School of Law, said that in the 2024 US presidential election, cryptocurrency supporters may only have one choice - Donald Trump. The Biden administration has taken a number of measures to suppress cryptocurrencies, including encouraging banks to cut ties with cryptocurrency companies, treating developers as brokers, and prosecuting privacy protocol developers. In contrast, Trump administration nominees such as CFTC Chairman Chris Giancarlo and SEC Commissioner Hester Peirce are known for their support for cryptocurrencies. If Trump is re-elected, he is expected to continue to support the cryptocurrency industry.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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