New York, Washington D.C., Wyoming, Arkansas, City, United States of AmericaSunday, October 6, 2024
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Politicians are now chasing after the crypto industry's money. The 2024 presidential race has seen a surprising twist: the cryptocurrency world is backing Donald Trump with significant Bitcoin donations. Venture capitalists Marc Andreessen and Ben Horowitz have also jumped on the Trump train. Though Trump was once skeptical of cryptocurrencies, he's now embracing them and even started a crypto business with his family.
Vice President Kamala Harris is also trying to woo the crypto industry. She’s hinting at more supportive policies if she wins the Democratic nomination. But while these politicians are vying for crypto support, Congress is grappling with how to regulate this rapidly growing sector. Some lawmakers and experts think meaningful legislation might pass during the lame-duck period, but others believe it'll be pushed to the next Congress.
