The Democratic Party unveiled its latest platform ahead of the Democratic National Convention without any mention of Bitcoin or digital assets, causing disappointment in the crypto industry.<\/p>\n
Speculation had been circulating about a potential shift in the Democratic Party\u2019s stance towards the crypto industry, particularly under the influence of Vice Presidential candidate Kamala Harris.<\/p>\n
Despite hopes for a \u201ccrypto reset\u201d under Harris\u2019s influence to improve regulatory conditions, the document did not address these issues.<\/p>\n
Reports suggest that Vice President Harris is consulting with advisors who are known for their anti-crypto stance, raising concerns within the crypto community.<\/p>\n
Democratic Representative Ro Khanna\u2019s proposed pivotal points for the party\u2019s platform, including making the US a crypto industry hub and considering Bitcoin as a reserve asset, were not included in the official platform.<\/p>\n
Crypto Community Reacts<\/strong><\/p>\n The \u201cCrypto4Harris\u201d town hall organized by Democrats to discuss sensible crypto regulations left attendees disillusioned as key issues like Operation Choke Point 2.0 and self-custody rights were not addressed in the dialogue.<\/p>\n Republican Stance on Crypto<\/strong><\/p>\n In contrast, the Republican Party, led by former President Donald Trump, openly supports Bitcoin and opposes the development of a Central Bank Digital Currency (CBDC).<\/p>\n The prediction market on a potential Harris versus Trump victory remained unchanged even after the Democratic platform\u2019s release.<\/p>\n <\/p>\n Bitcoin briefly reached $59,000 but failed to consolidate above $60,000 for the past week.<\/p>\n Image source: DALL-E, chart from TradingView.com<\/p>\n","protected":false},"excerpt":{"rendered":" The Democratic Party unveiled its latest platform ahead of the Democratic National Convention without any mention of Bitcoin or digital assets, causing disappointment in the crypto industry. Kamala Harris\u2019 Impact on Crypto Policies questioned Speculation had been circulating about a potential shift in the Democratic Party\u2019s stance towards the crypto industry, particularly under the influence […]<\/p>\n","protected":false},"author":1,"featured_media":17652,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Democratic Party's Latest Policy Agenda Excludes Bitcoin and Crypto - Bitrabo","description":"The Democratic Party unveiled its latest platform ahead of the Democratic National Convention without any mention of Bitcoin or digital assets, causing disappoi"},"footnotes":""},"categories":[316],"tags":[1503,2357,448,504,5423,7414,7412,537,7413,4023,7415,993],"class_list":["post-17651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-agenda","tag-amp","tag-bitcoin","tag-crypto","tag-democratic","tag-democratic-party","tag-excluded","tag-latest","tag-partys","tag-policy","tag-policy-agenda-release","tag-release"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/17651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=17651"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/17651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/17652"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=17651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=17651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=17651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}