Summary:
Stand With Crypto Alliance launches a bus tour to promote cryptocurrency awareness before the presidential election.
Over 2,000 signatures gathered to urge ABC News to address crypto in the upcoming debate between Trump and Harris.
Trump positions himself as the pro-crypto candidate, while Harris's stance on digital assets is still unknown.
104,000 voters registered through the alliance's platform, emphasizing the importance of voter engagement.
The movement seeks bipartisan support for favorable cryptocurrency legislation.
Stand With Crypto's Nationwide Tour
A big purple bus emblazoned with "AMERICA ❤️ CRYPTO" is traveling through five key swing states to promote cryptocurrency awareness ahead of the upcoming presidential election. The Stand With Crypto Alliance, supported by Coinbase, is pushing for a crypto-related question to be asked at the presidential debate between Donald Trump and Vice President Kamala Harris.
The Campaign's Objectives
The campaign, which began last week in Phoenix and Las Vegas, aims not only to encourage voter registration but also to get candidates to discuss their positions on cryptocurrency. A letter writing petition initiated by the alliance has garnered over 2,000 signatures, urging ABC News to focus on crypto during the debate. The letter states, "I am one of the 52 million Americans who own cryptocurrency... I urge you to ask the candidates their position on cryptocurrency and its place in the American economy."
Trump vs. Harris on Crypto
While Trump has labeled himself as the pro-crypto candidate, promising to fire SEC Chair Gary Gensler, Harris's stance on digital assets remains unclear. The Stand With Crypto Alliance has graded Trump and his running mate JD Vance with an "A" for their crypto support, while Harris and her partner Tim Walz received an "N/A" due to their pending stance.
Voter Engagement and Support
The alliance is hosting 2,500 debate watch parties nationwide and has registered 104,000 voters through its platform. The tour will continue to key states, including Michigan, Wisconsin, and Pennsylvania, leading up to the election.
Bipartisan Support for Crypto
The movement highlights the growing bipartisan support for cryptocurrency legislation, with recent successes in the House. The group emphasizes the need for sensible regulation that enables growth in the industry.
Upcoming Events
The bus tour will culminate in Washington, D.C., on Sept. 18, featuring speeches from Coinbase executives and a performance by The Chainsmokers.
The Future of Crypto in Politics
As the election approaches, crypto advocates see this moment as pivotal for the future of the industry. The alliance has also engaged with Harris's team, hinting at the possibility of a forthcoming position statement on cryptocurrency from her campaign.
The Stand With Crypto Alliance remains committed to ensuring that cryptocurrency is a topic of discussion in the political arena, especially as public interest and ownership continue to grow.
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