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#Recommend 3 Meme coins to buy the dip. Cryptocurrencies at the Heart of the U.S. Election: 'Last Chance' Letter to Biden
Cryptocurrencies once again came to the forefront in the race between Joe Biden and Donald Trump.
Technology trade group Chamber of Progress stated that the U.S. President Joe Biden still has an "important opportunity" to change his stance on cryptocurrency. Chamber of Progress called on Biden to support comprehensive cryptocurrency regulations.
In a letter published by the Chamber of Progress on July 9, it was stated that Biden could still "win" against Donald Trump in the cryptocurrency issue. It was noted that Donald Trump managed to take advantage of the uncertainty in this area.
If Biden pays attention to cryptocurrencies, he can win
Chamber of Progress, "Former President Donald Trump, using your uncertainty about cryptocurrency, changed his position and depicted you as an opponent against American technological leadership and economic progress," and continued:
Although Trump has recently changed his mind about cryptocurrencies, you still have the opportunity to provide the regulatory clarity that voters are calling for.
Cryptocurrencies are at the center of the election.
This advocacy group is not the first group to suggest that cryptocurrency and blockchain technology could be a factor in the 2024 elections between Biden and Trump, as well as among candidates at the state and local levels. On July 8th, the Republican National Committee, co-chaired by Lara Trump, passed a policy platform draft that includes support for cryptocurrency and Bitcoin mining.
The timing of the platform update before Trump's possible candidacy suggested that the former US president saw an opportunity to attract crypto-focused voters to his campaign. The US presidential elections will be held on November 5th.
A recent poll showed that Donald Trump managed to win votes from his opponents by supporting cryptocurrencies just a short while ago.
Stay tuned