CBDC supporter likely in White House next term, crypto divide not red v. blue: Grayscale

The adjacent president of the United States is apt to beryllium successful favour of cardinal slope integer currency (CBDC), crypto plus manager Grayscale observed successful a station connected its website, arsenic the existent frontrunners successful some governmental parties person expressed their enactment for it. Neither seems to similar Bitcoin.

Joe Biden and Donald Trump presently person steadfast leads successful the 2024 statesmanlike polls among members of their respective parties. Both of them are “favorable toward exploring CBDC,” echoing conclusions drawn by Forbes earlier this year.

Trump has called Bitcoin (BTC) a “scam,” and Biden’s presumption was intuited from his enactment for a 30% taxation connected Bitcoin mining. Grayscale did not remark connected Trump’s wide cognition toward crypto and integer assets. It tin beryllium recalled that helium is at, a minimum, favorably disposed toward nonfungible tokens.

Joe Biden's got laser-eyes connected his java cupful
Someone successful the White House is simply a #Bitcoin HODL cause
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Biden’s “Executive Order connected Ensuring Responsible Development of Digital Assets“ was taken arsenic grounds of his wide support. Another White House document, the 2023 Economic Report of the President, was not arsenic complimentary toward crypto, however.

Related: 7 statesmanlike candidates person dropped clues astir their crypto stance

The candidates polling successful 2nd place, Democrat Robert Kennedy, Jr. and Republican Ron DeSantis, have some been vocal astir their enactment for cryptocurrency and absorption to CBDC.

Trump and DeSantis are not the lone pro-crypto candidates successful the assemblage of Republican contenders. Vivek Ramaswamy, to whom Grayscale ascribes 7% enactment (compared to Trump’s 63%), is besides seen arsenic being pro-Bitcoin and anti-CBDC.

Ron DeSantis' economical platform. Source: Ron DeSantis for president

Possibly the astir ardent crypto protagonist connected either broadside is Republican Miami Mayor Francis Suarez, who made his emotion for the technology known acold earlier campaigning began. His statesmanlike ambitions person been called “improbable,” however.

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