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Crypto Investor Predicts Softer U.S. Stance on Crypto as Election Nears

Published 05/21/2024, 10:30 PM
Updated 05/21/2024, 11:15 PM
Crypto Investor Predicts Softer U.S. Stance on Crypto as Election Nears
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  • Crypto Investor Sees Softer US Stance on Crypto as Elections Near
  • SEC Requests Updates to Ethereum ETF Filings, Boosting Approval Hopes
  • Bitcoin Rallies, Ethereum Surges Ahead of Key US Vote on Crypto Regulation

Haseeb Quraishi, a prominent figure in the cryptocurrency community, has predicted that US President Biden will adopt a more lenient stance on cryptocurrencies as the 2024 election approaches.

This prediction has gained traction following the recent approval of a Bitcoin ETF, seen by some as an initial step in this direction. Quraishi’s tweet has fueled speculation that other regulatory agencies might also relax their approaches to cryptocurrency in the coming months.

Bitcoin recently experienced a 6.5% rise. Major cryptocurrencies like Ethereum and XRP are awaiting a pivotal vote in Washington next week that could have significant implic…

The post Crypto Investor Predicts Softer U.S. Stance on Crypto as Election Nears appeared first on Coin Edition.

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