The US is still playing catch-up with the regulatory strides of the EU, Hong Kong, and Singapore, which are leading the charge in accepting crypto. A move from the US towards a more positive stance on crypto is required should it want to continue being a global hub of financial innovation.
US elections are upon us, and crypto is on the candidates’ agenda. Kamala Harris plays ‘hard to guess’ as she teeters on her crypto positioning and Republican Donald Trump plays ‘easy’, publicly embracing crypto. Politicians are shaping to rally behind crypto attempting to garner public interest and support in their campaigns.
A recent Grayscale survey found that “younger generations, minorities, and male likely voters are more likely to vote for and consider candidates who are well informed on crypto and whose positions align with their Perceptions on Crypto in Election.” This further emphasises the important role that crypto is playing in the 2024 US elections.
But, what do the US elections mean for the world of crypto?
A symbiosis between politics and crypto is a crossover that could see huge positives for both sides and affect election outcomes, explaining the positioning of crypto as a political issue. The cooperation of legislative bodies and favourable policymaking would create a stable regulatory framework for stakeholders, driving innovation and investment within the industry.
Furthermore, it would instil public trust and confidence in crypto, creating stability in a large financial sector. There’s also potential for a surge in job creation and an overhaul of the technological landscape, as seen in Trump’s ambitious Bitcoin mining strategy which involves mining over 90% of the remaining bitcoin on US soil. From the presidency to the American economy, a lot is at stake for all parties, further highlighting the importance of welcoming crypto.
With the growing political interest in cryptocurrency, it’s important to engage policymakers and politicians to understand their roles and influences on shaping the cryptocurrency landscape.
Messari Mainnet and YAP Global (as the official PR partner) Messari Mainnet present an opportunity to hear industry leaders at the biggest annual crypto event in New York taking place September 30th – October 2nd, 2024. In its fourth year, Mainnet unites top figures from crypto, Wall Street, and Washington, as the industry gains new institutional interest and policy support.
With over 3,000 attendees and more than 200 industry leaders, including SEC Commissioner Hester Pierce, and Haun Ventures CEO Kathryn Haun, the event is a critical convergence point for professionals. The remainder of 2024 offers a chance to lead this important conversation.
There is a growing intersectionality between cryptocurrency and geopolitics which looks to shape the industry’s future. The remainder of 2024 is an opportunity to be at the forefront of this important conversation.
For journalists interested in attending Mainnet please apply here for a press pass or contact our team at mainnetpress@yapglobal.com for any media queries. If you’re part of a project looking to improve your PR exposure, feel free to fill out a contact form enquiry.
It’s an exciting time for crypto! See you at Mainnet.
