Democratic’ Party Platform Fails to Address Crypto, Leaving Voters Questioning Their Stance

News

  • The new Democratic Party platform does not contain cryptocurrency information, and this has caused anxiety among the voters  of the digital asset industry.
  • However, the Republican Party and candidate Donald Trump have supported cryptocurrency, which could attract the pro-crypto voters.
  • The omission of cryptocurrency in the Democratic Party’s platform may influence the voters, mainly those who value innovations and digital assets.

With the start of the Democratic Party’s national convention, it is worth noting that the newly released platform does not include cryptocurrency. This oversight has elicited negative sentiments from people who wish to know how the U. S.government is planning to approach the rapidly growing digital asset industry. 

Perhaps this is a significant misstep of the platform, especially in a year when voters are showing increased interest in cryptocurrencies.The Democrats presented the platform in July before Joe Biden left the race; cryptocurrency was not mentioned. 

This decision is quite different from what the Republicans stated in their platform regarding crypto; vowing to “end Democrats’ unlawful and unAmerican Crypto crackdown” as well as to “stand for the right to mine Bitcoin.” The Republican candidate Donald Trump also expressed more interest in crypto, attending the Bitcoin Conference in Nashville and admitting to owning Ether assets.

Engaging the Crypto Community: Voter Sentiment Implications

The neglect of cryptocurrency policies in the new Democrats’ platform may also bring changes in voters’ attitudes. As cryptocurrencies become more entrenched in the financial ecosystem, voters who care about innovation and regulation may feel unheard.

 Different factions within the Democratic Party have also been calling to tackle this problem over the past few months. For instance, Crypto for Harris conducted a town hall meeting last week to outline the party’s position regarding digital assets, both in terms of policy and regulation.
The attempts to reach the crypto community are still being made.Critical personalities such as Mark Cuban and Congressman Adam Schiff call for more significant action in digital assets. The current U. S. Senate Majority Leader,Schumer, has also expressed his desire to legislate on cryptocurrency before the year ends.  Despite the Democrats not definitively compromising the party’s future in the process, many questions stem from the blank space of the official.

The post Democratic’ Party Platform Fails to Address Crypto, Leaving Voters Questioning Their Stance appeared first on Crypto News Land.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed

Leave a Reply