• Crypto figures John Deaton and Ryan Selkis have expressed concerns over the political positions of both the current administration and potential future candidates regarding digital assets.
• John Deaton, founder of CryptoLaw US, is worried that Senator Elizabeth Warren’s influence may lead to the Democrats becoming the “anti-crypto party”.
• Ryan Selkis, CEO of Messari, has raised concerns over how a potential Trump nomination could affect cryptocurrency regulation in the United States.
John Deaton’s Concerns
Crypto figures John Deaton and Ryan Selkis have expressed concerns over the political positions of both the current administration and potential future candidates regarding digital assets. John Deaton, founder of CryptoLaw US, is worried that Senator Elizabeth Warren’s influence may lead to the Democrats becoming the “anti-crypto party”.
Biden’s Stance on Cryptocurrency
The future of cryptocurrency in the United States has become a focal point of political discussion. In a recent development, two major figures in the crypto community – john e deaton john Entrepreneur Host Market Analyst and Ryan Selkis – have voiced their opinions on President Biden’s stance towards cryptocurrency traders. This has caused concern for Deaton who believes that if Biden continues to take an anti-crypto stance then this will reflect negatively on other Democratic politicians seeking re-election or campaigning for office in 2024.
Ryan Selkis‘ Concerns
In addition to his worries about Biden’s position on cryptocurrencies, Ryan Selkis also voiced his apprehension about what would happen if former President Trump were to be nominated as a Republican candidate again in 2024. He believes that this could potentially lead to stricter regulations around cryptocurrency being implemented by either party should they come into power.
Implications for Digital Assets
Deaton fears that if both parties are against digital assets then it could become a significant topic at future Presidential Debates between now and 2024. Similarly, Selkis is concerned about what kind of policies will be implemented should Trump or another anti-crypto politician come into power during this time period.
Conclusion
It remains unclear what kind of impact these debates and possible regulations might have on digital assets going forward but it is clear that both sides are keeping a close eye on developments within this space with regards to politics and policymaking decisions in order to ensure their own interests are represented accurately when it comes time for them to make their respective stances known publicly.