The Intersection of Crypto, Regulation, and Politics in the 2024 US Election
As the US election draws near, the focus of some crypto events shifts towards regulation and politics, with executives from the industry emphasizing the significance of US congressional races over the presidential election.
Discussions at recent events like the Permissionless III conference and Ripple Swell have centered around predictions for the November race and its potential impact on the crypto industry in 2025. Topics range from regulations to stablecoins and Bitcoin mining, highlighting the increased mainstream attention digital assets are receiving in US politics.
Key industry figures have noted the evolution of discourse around crypto, contrasting it with the past administrations. Both major party candidates have indicated support for the industry, setting the stage for a more constructive dialogue moving forward.
While regulation remains a key concern, there is a growing willingness among lawmakers to engage with digital assets, as evidenced by their participation in crypto-related events. The upcoming Congress is poised to be the most informed on crypto issues, with a wave of new pro-crypto voices expected to enter the political arena.
Despite differing predictions on the election outcome, the crypto community anticipates a favorable climate post-election, with a more informed and supportive political landscape.