Justin Sun Calls for Support for Cryptoactive US Presidential Candidate
Date: 2024-05-28 Author: Oliver Abernathy Categories: IN WORLD
TRON founder and advisor to the HTX (formerly Huobi) cryptocurrency exchange Justin Sun called on US voters to support a presidential candidate who actively supports digital assets. Sun expressed his opinion in a recent post on the social network X (formerly Twitter), but did not specify who exactly he was referring to.
The Importance of Choice
Justin Sun emphasized that the crypto community is obliged to demonstrate its position in the upcoming elections. In his opinion, owners of digital assets should demonstrate their ability to influence the political processes in the country by voting for a candidate who supports cryptocurrencies.
User Reaction
After Sun's post, many X users interpreted his call as support for Donald Trump, a representative of the Republican Party. However, among the comments there were those who believe that President Joseph Biden is also promoting the development of the crypto industry, despite the resistance of regulators.
Position of the Authorities
Despite the different opinions in the crypto community, it is worth noting that some experts are announcing a softening of the US Presidential Administration’s policy regarding crypto assets. Managing partner of Dragonfly, Hasib Qureshi, expressed the opinion that the authorities have begun to change the rhetoric towards accepting the crypto industry.
Business support
Justin Sun's position is also supported by Galaxy Digital CEO Mike Novogratz. According to him, Joseph Biden’s team is aware of the importance of the cryptocurrency community and is afraid of losing millions of votes in the upcoming elections. This confirms the Administration’s desire to soften its position and show loyalty to digital assets.
Justin Sun's call for support for a crypto-active candidate in the presidential election reflects the growing importance of cryptocurrencies in the US political landscape. Regardless of who becomes the next president, it is clear that the cryptocurrency community will play an increasingly important role in shaping the country's future financial policy.
