As the U.S. presidential election unfolds, the Stand With Crypto Alliance is set to provide real-time updates on key races featuring pro-crypto candidates, including the highly contested battle between Donald Trump and Kamala Harris. This initiative, backed by Coinbase, aims to keep crypto enthusiasts informed about the outcomes that could shape the future of digital assets in America.
Live Election Updates on Pro-Crypto Candidates
The Stand With Crypto platform is designed to track the election results as they come in, offering insights into which candidates advocating for digital currencies secure seats in the House of Representatives and the Senate. With the stakes high, election followers can monitor the progress of pro-crypto hopefuls and their potential impact on future legislation affecting the crypto landscape.
While the presidential race is particularly competitive, the final outcome may take some time to clarify as votes are counted. This dynamic is especially significant given the strong support for blockchain technology among certain candidates, particularly Trump, who has positioned himself as a champion for the crypto industry.
Candidate Ratings and Positions
Currently, Trump holds an A rating from the Stand With Crypto organization for his outspoken support of the blockchain sector during his campaign. He has actively engaged with the crypto community, promising to implement regulations that favor innovation and growth within the industry.
In contrast, Kamala Harris has received a “not applicable” rating due to a lack of detailed information regarding her stance on cryptocurrencies. However, in recent weeks, she has made efforts to appeal to crypto voters, particularly within Black communities, by vowing to create a balanced regulatory framework that protects investors and asset owners.
Her campaign agenda emphasizes the importance of regulatory protections for participants in the digital asset market, stating, “She will make sure owners of and investors in digital assets benefit from a regulatory framework.” This approach aims to engage a crucial voter demographic that has shown interest in crypto investments.
Trump’s Promises for a Crypto-Friendly Future
Trump has committed to delivering a crypto-friendly regulatory environment if he reclaims the presidency. His statements reflect a proactive stance toward the industry, asserting, “We will have regulations, but from now on, the rules will be written by the people who love your industry, not hate your industry.” This sentiment resonates with many in the crypto community who seek more favorable conditions for their investments.
In a recent speech at the Bitcoin 2024 Conference, he reiterated his dedication to creating a supportive framework for digital assets. He also indicated a willingness to remove the current SEC Chair, Gary Gensler, if he were to win the election, signaling a potential shift in regulatory oversight that could benefit the crypto sector.
Trump warned crypto entrepreneurs at the launch of his family’s crypto platform, World Liberty Financial, that their future could be grim if he loses. “If for some reason bad, bad things happen and we don’t win the election, those people that were under investigation…they will be living in hell because it will start the day after the election if they win,” he cautioned.
The Importance of Crypto in the Election
As the election approaches, the focus on crypto policies has intensified, with both candidates seeking to sway voters in this emerging and dynamic sector. The outcomes of the elections, particularly regarding pro-crypto candidates, could significantly influence the regulatory landscape for digital assets in the U.S.
Stand With Crypto’s live updates will be essential for those invested in the future of cryptocurrency, providing insights into how the election results may shape policy and market dynamics moving forward.