Reported about 2 months ago
The article discusses how a potential Democratic victory in the 2024 presidential election could impact the cryptocurrency market. It suggests that, in contrast to the Republican stance, the Democratic party has not articulated a supportive position on crypto, which may stifle Bitcoin’s growth potential and create regulatory uncertainties for altcoins. The Biden-Harris administration is seen as unlikely to introduce pro-crypto policies, which might hinder the market’s expansion. However, there are indications that the Democrats may begin to recognize the importance of regulating digital assets as commodities instead of securities, which could positively influence the crypto landscape.
Source: YAHOO