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Reading: Kamala Harris Defeats Donald Trump in 6 Swing States
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Gulf Press > Business > Crypto > Kamala Harris Defeats Donald Trump in 6 Swing States
Crypto

Kamala Harris Defeats Donald Trump in 6 Swing States

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Last updated: 2024/09/27 at 8:23 PM
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The latest polling data from a September 26 Bloomberg poll indicates that Democratic nominee Kamala Harris is leading in six crucial swing states that could determine the outcome of the 2024 U.S. presidential election. These states include Arizona, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin. Despite this lead, Harris and her opponent, former President Donald Trump, are tied in Georgia. The race between the two candidates has been close as November approaches, with Harris initially gaining momentum after U.S. President Joe Biden’s exit from the race in July.

Harris has recently shown a growing interest in the blockchain sector, expressing support for digital asset innovation during a campaign stop in Pittsburgh. She emphasized the importance of investing in emerging technologies such as AI, blockchain, and quantum computing, while also prioritizing clean energy innovation and manufacturing. Harris stated that her administration would encourage the development of innovative technologies like AI and digital assets, with a focus on ensuring consumer and investor protection and creating a stable business environment with clear regulatory guidelines.

Despite Harris’ advocacy for the digital asset industry, some members of the crypto community still prefer Trump due to his longstanding pro-crypto stance. The Biden administration has faced criticism for its regulatory approach to cryptocurrencies, particularly the SEC’s regulation-by-enforcement strategy. A recent survey conducted by Fairleigh Dickinson University found that individuals who do not own digital assets tend to support Harris, while crypto holders lean towards Trump. Trump has openly expressed his support for cryptocurrencies, promising to implement crypto-friendly regulations if elected in November.

During the campaign trail, Trump has reiterated his commitment to the crypto industry and has vowed to collaborate with industry experts to develop fair and favorable regulations. He recently launched World Liberty Financial, a crypto platform created by his family, and warned American crypto entrepreneurs about potential consequences of a Biden victory in terms of crypto regulation. Trump emphasized the importance of having regulations that are crafted in collaboration with the industry to ensure a supportive environment for innovation and growth. His ongoing support for the crypto sector has resonated with many within the community, leading to a divided preference between the two candidates among crypto stakeholders.

As the presidential race intensifies, both Harris and Trump are actively engaging with voters and addressing key issues, including the future of the digital asset industry. While Harris has shown a willingness to embrace blockchain technology and digital assets, Trump’s consistent support for cryptocurrencies has garnered support from many within the crypto community. The outcome of the election could have significant implications for the regulation and development of the crypto sector in the United States, making it a closely watched issue among industry stakeholders and enthusiasts. With the race tightening in key swing states, the candidates’ positions on digital assets and innovation could play a crucial role in shaping the future of the sector in the country.

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News Room September 27, 2024
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