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	<title>U.S. presidential contest Archives - Coin Engineer</title>
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	<title>U.S. presidential contest Archives - Coin Engineer</title>
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		<title>Presidential Candidates to Weigh in on Crypto</title>
		<link>https://coinengineer.net/blog/presidential-candidates-to-weigh-in-on-crypto/</link>
					<comments>https://coinengineer.net/blog/presidential-candidates-to-weigh-in-on-crypto/#respond</comments>
		
		<dc:creator><![CDATA[Tanju Akbıyık]]></dc:creator>
		<pubDate>Thu, 27 Jun 2024 10:00:19 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[2024 Elections]]></category>
		<category><![CDATA[Biden]]></category>
		<category><![CDATA[Trump]]></category>
		<category><![CDATA[U.S. presidential contest]]></category>
		<guid isPermaLink="false">https://coinengineer.io/?p=23740</guid>

					<description><![CDATA[<p>This U.S. presidential contest has been the first where cryptocurrencies have emerged as a significant policy concern; the sector is lobbying (and preparing for) the prospect that President Joe Biden and former President Donald Trump may raise when they square off on a Thursday debate. To that end, Stand With Crypto, a crypto advocacy group,</p>
<p>The post <a href="https://coinengineer.net/blog/presidential-candidates-to-weigh-in-on-crypto/">Presidential Candidates to Weigh in on Crypto</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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										<content:encoded><![CDATA[<p><strong>This U.S. presidential contest</strong> has been the first where cryptocurrencies have emerged as a significant policy concern; the sector is lobbying (and preparing for) the prospect that President Joe Biden and former President Donald Trump may raise when they square off on a Thursday debate.</p>
<p>To that end, Stand With Crypto, a crypto advocacy group, started an online letter-writing campaign to persuade CNN hosts to bring bitcoin up as a topic of discussion. Almost 2,300 members of the club reportedly signed and emailed the notes &#8220;calling for a crypto question,&#8221; said a spokesman Wednesday.</p>
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<p><em>&#8220;It would be a huge miss for CNN to miss this opportunity to let Americans know where the <strong>presidential candidates</strong> stand on this important economic issue,&#8221;</em> spokesperson Sabrina Siddiqui told CoinDesk. She said that the group&#8217;s membership count in Georgia, where the 9 p.m. EDT (01:00 UTC) event will take place, much surpasses the difference between the contenders from past 2020 contests.</p>
<p><em>&#8220;Giving the major <strong>presidential candidates</strong> a chance to weigh in on this transformational technology in the first debate would go a long way towards educating the electorate and helping American crypto owners cast an informed ballot,&#8221;</em> the boilerplate letter from Stand With Crypto ends.</p>
<p>The sector is aware of Biden&#8217;s record on digital assets; all they need to check are his executive orders, White House remarks, and the acts of the U.S. authorities he appointed—including the U.S. Securities and Exchange Commission. Trump&#8217;s government did not show any notable activity in cryptocurrencies, and his prior skepticism has lately shifted to highly positive backing of the technology.</p>
<p><span style="color: #0000ff;"><em>This Might Interest You: <a style="color: #0000ff;" href="https://coinengineer.net/blog/garlinghouse-blames-sec-chair-for-biden-loss/">Garlinghouse Blames SEC Chair for Biden’s Potential Loss</a></em></span></p>
<p>&#8220;<em>It&#8217;s amazing that we are talking about crypto as a possible topic on the biggest stage in <strong>presidential politics</strong>—and a marker of how much headway the industry has made in communicating its value to the national political debate</em>,&#8221; said Kristin Smith, CEO of the Blockchain Association, in an emailed statement. &#8220;The crypto industry and its rising base of users are eager for a continuous debate between the candidates on their approach to digital assets and feel energized that it has emerged as an important topic in this election.&#8221;</p>
<p>Seeking to set himself apart from Biden&#8217;s efforts to tax miners and government involvement in CBDCs, Trump has been an outspoken advocate of U.S. crypto mining and an opponent of the U.S. launching a central bank digital currency (CBDC).</p>
<p><em>&#8220;We appreciate candidates realizing the need to debate not only how to regulate digital assets but also how to create responsible regulation that does not stifle innovation in the United States,&#8221;</em> said a DeFi Education Fund spokesman.</p>
<p>&nbsp;</p>
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<p>The post <a href="https://coinengineer.net/blog/presidential-candidates-to-weigh-in-on-crypto/">Presidential Candidates to Weigh in on Crypto</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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