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Reading: Kamala Harris Surpasses Donald Trump Again on Polymarket
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Gulf Press > Business > Crypto > Kamala Harris Surpasses Donald Trump Again on Polymarket
Crypto

Kamala Harris Surpasses Donald Trump Again on Polymarket

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Last updated: 2024/09/13 at 9:49 PM
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In the latest update on the 2024 U.S. presidential election forecast, Democratic nominee Kamala Harris has surpassed Republican nominee Donald Trump, according to a poll conducted by Polymarket. The poll indicates that Harris is leading Trump with 50 percent compared to 49 percent. The two candidates have been closely tied in recent weeks, but Harris’s popularity received a significant boost following her recent debate performance. A separate poll on Polymarket also suggests that Harris was perceived as the winner of the debate, which featured intense political arguments and personal criticisms between the two candidates. Trump, however, has declared that he will not partake in any future debates with Harris, claiming that he outperformed her in the previous one.

Throughout his campaign, Trump has expressed his support for digital assets, promising to establish the United States as the leading hub for cryptocurrencies. He has also pledged to enact regulations that are favorable to the crypto industry and has vowed to replace the current SEC Chair, Gary Gensler. During the Bitcoin 2024 Conference in Nashville, Trump reiterated his commitment to the crypto sector, stating that regulations will be created by individuals who support the industry rather than oppose it. Moreover, Trump has unveiled that his family’s new crypto platform, World Liberty Financial, is set to launch on September 16, further solidifying his dedication to the digital asset space.

On the other hand, although Harris has unveiled a new policy plan, she has not publicly shared her stance on cryptocurrency regulation. However, Paul Grewal, the Chief Legal Officer of Coinbase, expressed optimism about the Harris campaign’s approach to blockchain regulation during a recent interview on Bloomberg TV. Grewal mentioned that the Harris campaign has demonstrated interest in engaging with industry stakeholders and exploring alternative strategies for regulating crypto and digital assets. This signifies a potential shift from the current administration’s regulatory approach, led by Gary Gensler, which has been criticized for its enforcement-focused tactics on the crypto sector.

With the presidential election heating up, the competition between Harris and Trump continues to intensify, with both candidates actively campaigning to secure support from voters. Harris’s recent surge in popularity and positive reception of her debate performance could potentially influence the outcome of the election. However, Trump’s strong advocacy for digital assets and his plans to implement crypto-friendly policies could appeal to a significant sector of the electorate. As the election date approaches, it remains to be seen how the candidates’ positions on cryptocurrency regulation and their overall campaign strategies will impact the final results. With both candidates aiming to capture the attention and support of voters, the race for the presidency is becoming increasingly competitive and compelling. As the political landscape evolves, the role of digital assets in shaping the future of the U.S. government and economy will continue to be a significant factor in this historic election.

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News Room September 13, 2024
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