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Bullish letter: Democrat politicians urge the party to embrace a pro-crypto stance

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Cryptocurrencies have gained unprecedented importance in this year’s U.S. presidential election as Donald Trump pivoted favorably to Bitcoin (BTC). In another surprising shift, Democrat politicians wrote a letter to the Democratic National Committee (DNC) urging a pro- crypto stance . Notably, 28 Democrat congressmen and candidates signed a letter sent on July 26 to DNC’s Chairman Jaime Harrison. The letter adds a carbon copy to the Vice President and favorite Democrat Party nominee to the presidential race, Kamala Harris. “We, representing a range of Democratic officials, candidates for the House, and members of Congress, write to urge you to take a forward-looking approach to digital assets and blockchain technology. This area holds immense potential for American innovation, economic growth, and financial inclusion,” starts the letter. Picks for you ...

Opinion: Gemini wants you to vote for anti-democracy politicians

Gemini , the exchange that sent about a billion dollars into Genesis before it shut down withdrawals, has now partnered with ‘Stand With Crypto,’ a tool that will make it easier for Gemini to encourage its US ers to vote for certain politicians .  Stand With Crypto has previously partnered with other crypto firms, including Coinbase, to make sure as many users as possible are encouraged to vote for these politicians. Politicians endorsed by the service include Cynthia Lummis, the senator who attempted to interfere with the peaceful transition of power following the 2020 election. She gets an ‘A.’ The Context: Why supporting Cynthia Lummis is immoral "Lummis is a laser-eyed crusader against democracy — so why does the crypto industry support her?" Latest from @BennettTomlin Subscribe and read: https://t.co/Q9ZtyYQls5 pic.twitter.com/8kCXVR9ECC — Protos (@Protos) January 18, 2024 Read more: Coinbase: Politics for me, but not for thee ...