David Bailey, the organizer of the Bitcoin Convention, which can begin tomorrow and is the biggest Bitcoin assembly on this planet, made an attention-grabbing declare for the potential Democratic presidential candidate within the USA, Kamala Harris.
In his assertion, Bailey claimed that Kamala Harris used the phrase “Bitcoin is the cash of criminals” in a non-public speech to a significant Democratic donor.
Cryptocurrency customers within the USA are an essential group by way of voting potential. That is why Harris is not going to make such statements a lot, not less than till she is elected. However, Republican candidate Donald Trump made Bitcoin and cryptocurrency-friendly statements in his election marketing campaign. Trump needs “all remaining BTC to remain within the USA.”
Beneath the Biden administration, nice strain was exerted on the cryptocurrency market, particularly by SEC Chairman Gary Gensler. A lawsuit was filed in opposition to many cryptocurrency firms, and it was claimed that every one altcoins, together with Ethereum, had been securities.
The SEC has taken a quieter and extra docile stance these days because of the defeats it has suffered in litigation. However, it stays unclear whether or not this calm ambiance will proceed if the Democrats are elected.
*This isn’t funding recommendation.