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In a recent New York Times opinion piece, Nobel laureate Paul Krugman criticized the cryptocurrency industry’s significant influence in campaign finance, likening it to the tale of the emperor’s new clothes. Krugman argued that cryptocurrencies have limited legitimate uses and are often associated with criminal activities. He highlighted the industry’s massive political spending, which accounts … Read more
Nicole Shanahan claimed that 51% of Americans were against the two-party system dominating modern United States politics. Go to Source
TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as key stakeholders in the political arena. He urges that their voices be heard and their interests safeguarded, highlighting the growing influence of digital currencies in … Read more
Young people have been shown to be the biggest crypto adopters that also largely voted for the Democrats in the last election. Go to Source Powered by WPeMatico
After the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million, to the now-defunct crypto exchange. Of the total … Read more
Presidential candidate Mike Bloomberg proposes a cryptocurrency regulatory framework that promises to clarify many of the points of contention Go to Source Powered by WPeMatico
