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Crypto’s Growing Influence on US Politics as Election Nears

With the US elections approaching, the intersection of crypto and politics has become a focal point in key industry events. As the country prepares to elect representatives for the House, Senate, and the presidency, discussions on crypto regulation have taken center stage.

At conferences like Permissionless III in Salt Lake City and Ripple Swell in Miami, industry leaders emphasized how digital assets have entered mainstream political discourse. Ripple’s head of US public policy, Lauren Belive, highlighted how a broader range of policymakers is now exploring the nuances of crypto technology.

Speakers from Ripple and Fireblocks noted the increasing interest among lawmakers, regardless of their party affiliation, in shaping the future of digital currencies. With predictions suggesting a crypto-friendly Congress post-election, experts agree that 2024 marks a pivotal year for the industry. Both Republican and Democrat candidates have shown a willingness to engage with crypto issues, hinting that the outcome of the election could influence regulatory approaches for years to come.