Home web3.0 The Democratic Party's Newly Released Platform May Leave Some Left-Leaning Voters Disappointed

The Democratic Party's Newly Released Platform May Leave Some Left-Leaning Voters Disappointed

Aug 20, 2024 am 06:34 AM
Crypto Republicans Democratic Platform Bitcoin Mining Rights

Notably absent from the Democrats’ platform is any mention of cryptocurrency, a topic that has become increasingly important to a growing segment of the electorate in this year’s election

The Democratic Party's Newly Released Platform May Leave Some Left-Leaning Voters Disappointed

The Democratic Party's newly released platform does not include any mention of cryptocurrency, despite the growing importance of the topic to a segment of the electorate in this year's election.

In contrast, the Republican Party's platform explicitly addresses cryptocurrency, pledging to end the Democrats' "unlawful and unAmerican Crypto crackdown" and promising to "defend the right to mine Bitcoin."

Republican presidential nominee Donald Trump has also positioned himself as a pro-crypto candidate, making a high-profile appearance at the Bitcoin Conference in Nashville last month and disclosing that he holds millions in Ethereum-based assets.

The Democratic platform was finalized and approved by the committee in July, before President Joe Biden withdrew from the race.

This omission has sparked discussion within the party, with some pushing for stronger ties with the crypto community as Vice President Kamala Harris takes the lead in the campaign.

Last week, a town hall event organized by Crypto4Harris explored the Democrats' approach to digital asset innovation and regulation, featuring billionaire Mark Cuban and U.S. Senate Majority Leader Chuck Schumer, who emphasized the need for balanced regulation.

As the November election approaches, the future of digital assets will continue to be a key issue for many voters, likely to be a central theme at the upcoming Benzinga Future of Digital Assets event on Nov. 19.

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