CBDC supporter likely to be in White House next term, crypto divide not red vs. blue: Grayscale

The crypto asset manager reviewed the positions of major US presidential candidates and found no partisan divide. News Join us on social networks
The next president of the United States is likely to be in favor of central bank digital currency (CBDC), observed crypto asset manager Grayscale in a post on its website, as current leaders of both political parties expressed their support to him. Neither seems to like Bitcoin.

Joe Biden and Donald Trump currently have a strong lead in the 2024 presidential elections among members of their respective parties. Both are "in favor of exploring the CBDC," echoing the findings of Forbes earlier this year.

Trump called Bitcoin (BTC) a “scam,” and Biden's position was intuitive thanks to his support for a 30% tax on Bitcoin mining. Grayscale did not comment on Trump's general attitude toward crypto and digital assets. We can recall that he is, at the very least, favorably disposed towards non-fungible tokens.

Joe Biden has laser eyes on his coffee cupSomeone in the White House is a #Bitcoin HODL agentpic.twitter.com/I5q5uO8zDL< /p> — Bitcoin Archive (@BTC_Archive) August 4, 2023
Biden's "Executive Order on Ensuring Responsible Development of Digital Assets" was seen as evidence of his widespread support. Another White House document, the President's 2023 Economic Report, however, was not as complimentary towards crypto.

Crypto Aug 5, 2023 0 56 Add to Reading List

CBDC supporter likely to be in White House next term, crypto divide not red vs. blue: Grayscale

The crypto asset manager reviewed the positions of major US presidential candidates and found no partisan divide. CBDC supporter probably in the White House next term, the crypto division is not red vs. blue: Grayscale News Join us on social networks

The next president of the United States is likely to be in favor of central bank digital currency (CBDC), observed crypto asset manager Grayscale in a post on its website, as current leaders of both political parties expressed their support to him. Neither seems to like Bitcoin.

Joe Biden and Donald Trump currently have a strong lead in the 2024 presidential elections among members of their respective parties. Both are "in favor of exploring the CBDC," echoing the findings of Forbes earlier this year.

Trump called Bitcoin (BTC) a “scam,” and Biden's position was intuitive thanks to his support for a 30% tax on Bitcoin mining. Grayscale did not comment on Trump's general attitude toward crypto and digital assets. We can recall that he is, at the very least, favorably disposed towards non-fungible tokens.

Joe Biden has laser eyes on his coffee cupSomeone in the White House is a #Bitcoin HODL agentpic.twitter.com/I5q5uO8zDL< /p> — Bitcoin Archive (@BTC_Archive) August 4, 2023

Biden's "Executive Order on Ensuring Responsible Development of Digital Assets" was seen as evidence of his widespread support. Another White House document, the President's 2023 Economic Report, however, was not as complimentary towards crypto.