Bitcoin Enters the Green Zone Amid the US Presidential Candidate Biden Vs Trump Debate

Crypto was not an issue discussed at the general debate in the United States presidential election this time on Thursday local time (27/6).

The first US Presidential Debate between Incumbent Joe Biden and former President Donald Trump was held on Thursday in Atlanta, hosted by CNN anchors Jake Tapper and Dana Bash. The 90-minute debate began with economic issues but also touched on issues such as abortion, immigration and foreign policy.

Meanwhile, economic issues were only briefly discussed, and the debate barely touched on technology policy, including the digital asset industry.

Quoting Coindesk, Friday (28/6/2024) it is known that crypto has been a topic of conversation for candidates and lawmakers during this year's US election cycle, but it appeared in a big way when Trump started discussing crypto issues on the campaign trail.

Meanwhile, Biden's campaign has not made any public statements about crypto, although his administration has recently said he wants to work with Congress on legislation addressing crypto.

Meanwhile, the crypto industry hopes that Congress and the administration can pass laws that are friendlier to digital asset businesses.

To achieve this goal, election participants are repeating massive spending in the 2022 elections, with crypto companies such as Coinbase, Ripple, and Andreseen Horowitz each donating nearly USD 50 million or around IDR 819.4 billion to political action committees like Fairshake to support candidates.

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