**Tech Coalition Urges Biden To Support Crypto Regulation For Election**

**Tech Coalition Urges Biden To Support Crypto Regulation For Election**

Published Wednesday 10th July 2024

The recent call from the tech coalition urging President Biden to support crypto regulation for the upcoming election reflects a growing awareness of the importance of digital assets in modern politics. With the rise of cryptocurrencies like Bitcoin and Ethereum, regulating this sector has become crucial to ensure financial stability and security. By advocating for comprehensive crypto regulation, the coalition is not only addressing the immediate concerns of the industry but also looking towards the long-term implications of digital currency on the economy.

Furthermore, the Chamber of Progress's appeal to President Biden to back comprehensive crypto regulation as a means to attract young voters and counter Trump's pro-crypto stance demonstrates the intersection of technology, policy, and electoral strategy. As digital assets continue to gain popularity among younger demographics, political parties are increasingly recognizing the need to engage with this issue to appeal to a key voting bloc. By positioning themselves as proponents of a regulatory framework for cryptocurrencies, politicians can signal their commitment to innovation and financial inclusion, both of which are priorities for many younger voters.

Crypto News & Headlines

Standard Chartered, Animoca Brands Join Hong Kong's Stablecoin Sandbox

The Hong Kong Monetary Authority (HKMA) has announced participants, including Standard Chartered and Animoca Brands, for its stablecoin issuer sandbox

Trending on 18th July 2024 01:23 PM

BlockFi To Begin Temporary Crypto Distributions On Coinbase In July

Bankrupt crypto lender BlockFi will begin its first temporary distribution of crypto assets through Coinbase in July, but non-U.S. clients are current

Trending on 18th July 2024 12:54 PM

Mt. Gox Creditors Face Multiple Brute-Force Login Attempts

Mt. Gox creditors are reporting numerous unauthorized login attempts on their accounts, with the claims website currently down for maintenance.

Trending on 18th July 2024 11:03 AM

Polygon (MATIC) Set For Major Upgrade And Migration To POL Token On September 4

Polygon (MATIC) is undergoing significant upgrades, including a token transition to POL by September 2024, as part of its 2.0 roadmap to enhance its Z

Trending on 18th July 2024 10:45 AM

Indian Crypto Exchange WazirX Hit By $230M Hack

WazirX, a major Indian crypto exchange, suffered a security breach where over $230 million in crypto assets were unauthorizedly transferred from its m

Trending on 18th July 2024 09:43 AM