U.S. Presidential Election Comes Down To Crypto, Mark Cuban Says
Billionaire Mark Cuban suggested on June 8 that the U.S. 2024 presidential election between Republican frontrunner Donald Trump and current President Joe Biden may boil down to each candidate’s stance on crypto.
In response to an op-ed piece written by crypto lawyer Preston Byrne, the long-term crypto investor discussed Trump and Biden’s respective crypto policies openly.
“I have said many times that Biden has to choose between Gensler or crypto voters, or it could cost him the White House,” Cuban said.
Biden, who has often sided with U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler on swift crypto regulation, has shifted his tone in recent weeks amid Trump’s vocal promotion of digital assets.
Do you really think he understands anything about crypto? Beyond saying he made money selling NFTs?
Neither of them does.
And I have said many times that Biden has to choose between Gensler or crypto voters or it could cost him the Whitehouse
— Mark Cuban (@mcuban) June 9, 2024
Mark Cuban further alleged that neither Biden nor Trump had knowledge of crypto despite previously taking opposing stances on the matter.
“Do you really think he understands anything about crypto? Beyond saying he made money selling NFTs?” Cuban continued. “Neither of them do.”
Trump and his wife, Melania, have been big proponents of non-fungible tokens (NFTS), with the former First Lady releasing several digital collectibles through her website.
Trump, meanwhile, recently hosted a gala dinner for purchasers of his “Mugshot Edition” NFTs shortly ahead of his 34-count conviction on fraud charges stemming from a hush money payment sent to former adult film star Stormy Daniels.
“This was a disgrace,” the former U.S. president said of the verdict. “This
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