Trump 2024 Bid Could Bring Friendlier Crypto Policy, Departing From Biden Regulatory Approach
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Donald Trump could adopt a more crypto-friendly policy if elected in 2024, a departure from Biden's more adversarial approach to crypto regulation.
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Trump has criticized crypto in the past, calling Bitcoin's value "highly volatile" and "based on thin air" in 2019.
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Since leaving office, Trump has invested in crypto and launched his own NFT, signaling a shift.
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Experts say Trump would likely appoint pro-crypto regulators, seen as a "extreme disadvantage" for financial stability by one critic.
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The partisan divide on crypto regulation is illustrated by the expected difference between a Trump vs Biden administration.