{"id":14394,"date":"2024-06-17T10:29:39","date_gmt":"2024-06-17T07:29:39","guid":{"rendered":"https:\/\/forklog.com\/en\/mark-cuban-highlights-cryptocurrencys-role-in-u-s-presidential-elections\/"},"modified":"2024-06-17T10:29:39","modified_gmt":"2024-06-17T07:29:39","slug":"mark-cuban-highlights-cryptocurrencys-role-in-u-s-presidential-elections","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/mark-cuban-highlights-cryptocurrencys-role-in-u-s-presidential-elections\/","title":{"rendered":"Mark Cuban Highlights Cryptocurrency&#8217;s Role in U.S. Presidential Elections"},"content":{"rendered":"<p>The stance of <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> Chairman Gary Gensler on cryptocurrencies could &#8220;literally cost Joe Biden the election,&#8221; according to billionaire investor Mark Cuban.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">?NEW: <a href=\"https:\/\/twitter.com\/mcuban?ref_src=twsrc%5Etfw\">@mcuban<\/a> says <a href=\"https:\/\/twitter.com\/GaryGensler?ref_src=twsrc%5Etfw\">@GaryGensler<\/a> could \u201cliterally cost <a href=\"https:\/\/twitter.com\/JoeBiden?ref_src=twsrc%5Etfw\">@JoeBiden<\/a> the election\u201d because of all the young voters that own crypto. <\/p>\n<p>\u201cIf he has a political career in mind, he\u2019s done,\u201d Cuban says of Gensler. <a href=\"https:\/\/t.co\/zNtsI2QyZB\">https:\/\/t.co\/zNtsI2QyZB<\/a><\/p>\n<p>\u2014 Eleanor Terrett (@EleanorTerrett) <a href=\"https:\/\/twitter.com\/EleanorTerrett\/status\/1801341998856610101?ref_src=twsrc%5Etfw\">June 13, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>His remarks were reported by Fox Business journalist Eleanor Terrett during the Coinbase-hosted State of Crypto conference.<\/p>\n<p>Cuban has previously expressed the importance for U.S. presidential candidates to support the crypto community. In May, he <a href=\"https:\/\/forklog.com\/en\/news\/mark-cuban-joins-critics-of-bidens-cryptocurrency-policy\">stated<\/a> that the SEC&#8217;s opposition to the industry could negatively affect Biden&#8217;s support.  <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cCryptocurrency is a key area for young and independent voters,\u201d he noted.<\/p>\n<\/blockquote>\n<p>In May, the billionaire suggested that Donald Trump might win the election due to his declared support for digital assets. However, Cuban was skeptical about the competence of both politicians in this field.<\/p>\n<p>The Republican leader previously <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-describes-bitcoin-as-an-additional-form-of-currency\">promised<\/a> not to hinder the use of Bitcoin and other cryptocurrencies if elected. During an event promoting his NFT collection Mugshot Edition, Trump <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-opens-cryptocurrency-donation-channel\">announced<\/a> the acceptance of digital asset donations for his campaign and later <a href=\"https:\/\/forklog.com\/en\/news\/trumps-campaign-embraces-cryptocurrency-donations\">fulfilled<\/a> this promise.<\/p>\n<p>Subsequently, the politician <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-advocates-for-us-leadership-in-cryptocurrency-industry\">stated<\/a> that the U.S. should lead the global crypto industry and promised to protect the mining sector.<\/p>\n<p>Meanwhile, Biden&#8217;s campaign team is reportedly already in talks to accept donations in digital assets, according to media reports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The stance of SEC Chairman Gary Gensler on cryptocurrencies could &#8220;literally cost Joe Biden the election,&#8221; according to billionaire investor Mark Cuban. ?NEW: @mcuban says @GaryGensler could \u201cliterally cost @JoeBiden the election\u201d because of all the young voters that own crypto. \u201cIf he has a political career in mind, he\u2019s done,\u201d Cuban says of Gensler. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1280,1551,1138,26],"class_list":["post-14394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-elections","tag-mark-cuban","tag-opinions","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=14394"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/14393"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=14394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=14394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=14394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}