Crypto Sector Divided Ahead of US Elections: Who Supports Whom?

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by Giorgi Kostiuk

2 years ago

Made with AI

  1. Support for Donald Trump
  2. Supporters of Kamala Harris
  3. Ripple's Support


    4. With only a short time left until the US presidential elections, which are of critical importance for Bitcoin and cryptocurrencies, some of the important names in the cryptocurrency sector support Donald Trump while others support Kamala Harris.

    Support for Donald Trump

    Donald Trump draws attention with his pro-BTC and pro-crypto statements. His stance has sparked active discussions within the cryptocurrency community.

    Supporters of Kamala Harris

    Kamala Harris, on the other hand, is known for her anti-crypto stance. According to reports, 89 business leaders, including Ripple co-founder Chris Larsen, have signed a joint letter supporting Kamala Harris for president.

    Ripple's Support

    Earlier in August, former Ripple board member Gene Sperling left the White House to join Kamala Harris' presidential campaign. Sperling has also served as an economic advisor to Presidents Bill Clinton and Barack Obama and was part of the Joe Biden administration since 2021. Ripple is one of the companies backing Harris. Ripple CEO Brad Garlinghouse has stated that Gary Gensler will not continue as the SEC chair regardless of who is elected.

    The crypto sector is divided ahead of the US presidential elections. It is crucial to monitor ongoing events to understand how they might influence the future of cryptocurrencies.

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