"Between Trump and Biden, which one do you support?"
Shortly after publicly revealing his support for the currency crypto, the Republican candidate for the United States (US) Presidential Election in 2024 Donald Trump says he will protect the rights of digital asset investors.
In contrast to Joe Biden's administration which has no idea how crypto works, Trump has clearly insisted that he does will never crack down on BTC or other digital assets through the use of regulatory powers.
However, it should be known that Trump's view on BTC is not the same in 2021 as he once called the digital asset a fraud and could threaten the status of the US dollar as the world's reserve currency.
However, Trump in recent years has ventured into the world of digital assets where he launched his own brand of non-fungible tokens ( NFTs ) causing many people to go crazy.
It is well known that the debate about crypto is becoming more and more focused when two leading presidential contenders staked out different positions.
Biden who aligned himself with Senator Elizabeth Warren and Securities and Exchange Commission (SEC) Chairman Gary Gensler not only gave unwavering support to the SEC's regulatory approach but also emphasized regulation through enforcement.
In addition to promising to accept campaign contributions in crypto, Trump also took a different stance in his wake vowed to end the stand against crypto in the US which is becoming more and more.
In some interesting developments, some Democrats also joined Republicans to pass a resolution repealing SAB 121 but the Biden administration appears to oppose the bill.