The 2024 US presidential election is approaching, and as voters focus on various domestic and foreign policy issues, cryptocurrency remains a low priority for most. Despite this, there is a growing community of single-issue voters who are fervently pro-Bitcoin.

Celebrity endorsements and scandals have brought crypto to mainstream attention. Additionally, the market capitalization of crypto has significantly grown since the last election.

Although FTX, one of the largest crypto lobbyists, has gone bankrupt, other lobbyists are still active. They are working on bills related to stablecoins and attempting to shift regulatory authority from the SEC to the more crypto-friendly CFTC.

Political candidates have been implicated for receiving donations from crypto-related individuals. Lobbying efforts continue, with various organizations supporting pro-digital asset candidates.

Politicians are also engaging with crypto-related topics as the election nears. Lobbyists are actively involved in informing politicians and pushing for favorable regulations.

While some politicians remain skeptical about digital assets, others are changing their stance. For example, Donald Trump, previously critical of Bitcoin, has recently expressed more positive views.

Despite differing opinions, lobbying efforts are ongoing, aiming to shape the regulatory environment around cryptocurrencies and digital assets.