Crypto Takes Center Stage: Will Trump or Biden Mention It in the US Presidential Debate?

The US presidential debate between Joe Biden and Donald Trump is set to take place on June 27. With Trump's announcement to accept crypto contributions for his campaign and Biden's consideration of attending a roundtable to discuss digital assets, the crypto community is wondering if digital assets will make their debut on the debate stage.
Crypto Takes Center Stage: Will Trump or Biden Mention It in the US Presidential Debate?

Cryptocurrency in the US Presidential Debate: Will Trump or Biden Mention It?

The spotlight is on CNN moderators Jake Tapper and Dana Bash as they prepare to host the US presidential debate between Joe Biden and Donald Trump on June 27. The crypto community is abuzz with anticipation, wondering if digital assets will make their debut on the debate stage.

The stage is set for a historic debate

In a historic first, the two candidates are meeting for a debate without the Commission on Presidential Debates, taking control of the time and place themselves. While neither Biden nor Trump has officially accepted their party nominations, polls predict they will be the major party nominees in the 2024 election.

Crypto on the Agenda?

Crypto enthusiasts are taking to social media to call on the moderators to ask at least one question related to digital assets. With Trump’s announcement to accept crypto contributions for his campaign and Biden’s consideration of attending a roundtable with congressional leaders to discuss digital assets, the stage is set for a lively discussion.

Trump’s changing stance on crypto

Trump’s campaign has sparked controversy, with many experts questioning his motives behind embracing crypto. After all, he did call cryptocurrencies “not money” and “based on thin air” in the past. Has he genuinely changed his tune, or is this a political ploy?

“What we’re seeing right now is, potentially, the first presidential debate where crypto comes up as a question,” said Anchorage Digital co-founder Diogo Mónica in a June 26 Bloomberg interview. “That would be amazing.”

Biden’s Crypto Strategy

Biden’s approach to crypto has been marked by regulatory scrutiny, with his appointment of Gary Gensler as chair of the US Securities Exchange Commission. The SEC has been criticized for its enforcement actions against crypto firms, with many calling for clearer guidelines.

However, recent reports suggest that Biden is exploring the possibility of accepting crypto contributions for his reelection campaign. Could this be a strategic move to woo crypto voters?

Biden’s crypto stance under scrutiny

The Crypto Voter Effect

The Stand With Crypto advocacy group has launched a campaign to urge CNN to include at least one question related to digital assets in the debate. The outcome could have significant implications for the crypto community, with crypto voters potentially playing a key role in the 2024 election.

As the debate approaches, one thing is certain – the crypto community will be watching with bated breath. Will Trump or Biden mention crypto? Only time will tell.

The crypto voter effect could be a game-changer