President Joe Biden's policy on crypto

[Suba]

Quoted from X's live broadcast (9/5/2024), twitter.com/IOHK_Charles/status/1788294144181543383

Charles Hoskinson (CEO of Cardano) has concerns about the Biden government which will carry out "Operation Chokepoint 2.0," regarding limiting crypto access to financial services and even Biden's efforts to kill crypto.

The US presidential election will be held on November 5, 2025, according to Hoskinson, if Biden is re-elected then stablecoin issuers will have to have a bank license, Tokens will be considered securities, restrictions on crypto mining, set up private wallets to collect more taxes.

 

[Starmix]

I think he will not run in the next election. He is already very old to handle the USA. I bet the next US President will be a pro-crypto.

 

[Suba]

I think he will not run in the next election. He is already very old to handle the USA. I bet the next US President will be a pro-crypto.

Charles Hoskinson's concerns are also concerns for me and other crypto lovers, even though Biden is old but he has a lot of supporters, so Americans need to be aware not to vote for Biden.

 

[King Belieal]

I think that for now, Trump is the most likely candidate to battle him. Is Trump's stance on crypto more favourable.

 

[Suba]

Whether Biden will run for president again, it seems he will face tough competition from Trump, who is not against crypto. and the news I heard Trump also has crypto and NFT.

 

[Starmix]

Charles Hoskinson's concerns are also concerns for me and other crypto lovers, even though Biden is old but he has a lot of supporters, so Americans need to be aware not to vote for Biden.

If only we can twist the decision of the people in the USA but it seems hard to convince people from Tier 1 country like the USA. Biden should avoid himself for the second term. He's too old to manage a huge country.

 

[Trush Jodie]

This might just be the advantage that Trump would use to trash Biden in the polls. Trump is taking a pro crypto stance.

 

[magnus2022]

I think that for now, Trump is the most likely candidate to battle him. Is Trump's stance on crypto more favourable.

I think Trump is simply trying to gather votes from cryptocurrency enthusiasts. He have make several negative comments about cryptocurrency before. I don't think he have changed his opinion about cryptocurrency.