Democrats Launch 'Crypto for Harris' Campaign Amid Intensifying US Election Crypto Policy Debate
2024 U.S. presidential race sees crypto policy in focus as Harris and Trump court 40M industry users.

2024 U.S. presidential race sees crypto policy in focus as Harris and Trump court 40M industry users.
The Republican Party (Led by Former President Donald Trump) and The Democratic Party (Led by Vice President Kamala Harris) are now in a race to cozy up to the influential figures of Silicon Valley. VP Harris and her team have also reportedly broaching top crypto companies to extend an olive branch in an effort to repair the strained relationship between the Democratic Party
Despite a recent decrease in crypto derivative trading volumes, which fell from around $2 trillion at the beginning of the year to approximately $1.5 trillion in September, Deribit remains optimistic about its expansion plans.
Additionally, their jointly operated Centre Consortium will be shut down.
Legal expert John Deaton suggests the SEC's challenge could be complex given the nuances of the Howey Test.
The ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
If the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
QCP Capital, a crypto trading firm based in Singapore, has at least $97 million stuck on FTX after the crypto exchange filed for bankruptcy last month.
The USDC issuer has started investing funds into its CRF (Circle Reserve Fund) to ensure that holders can redeem their coins when they want.
The Securities and Exchange Commission (SEC) has been extensively criticized for its regulatory stance in the crypto sector.