Billionaire entrepreneur Mark Cuban not too long ago commented on the potential affect of cryptocurrencies on the 2024 US presidential election, suggesting that former President Donald Trump might have a bonus over incumbent President Joe Biden resulting from his stance on crypto rules.
Cuban famous the necessary function of cryptocurrencies within the upcoming elections, particularly in gentle of President Biden’s loyalty to Securities and Change Fee (SEC) Chairman Gary Gensler.
Whereas Cuban expressed doubt that Biden or Trump totally perceive cryptocurrencies regardless of Trump’s NFT-related fundraising efforts, he stated crypto fan votes might be an important issue differentiating the candidates.
“I’ve stated many occasions that Biden should select between Gensler or crypto voters or it might price him the White Home,” Cuban stated in an announcement on social media platform X. “As for who shall be appointed, nothing is definite I do not see it as such.”
Cuban criticized Gensler’s tenure, arguing that the SEC Chairman has failed to guard buyers from fraud and made it “practically unimaginable” for cryptocurrency corporations to function. “Crypto voters will make their voices heard on this election,” Cuban stated.
*This isn’t funding recommendation.