Haseeb Qureshi announced to his subscribers on X that in the very near future, Joe Biden’s cabinet may change its aggressive rhetoric regarding digital assets. The managing partner of Dragonfly is confident that the struggle for votes is entering a decisive phase, and against the backdrop of a gradual decline in the rating of the current president of the country, the election headquarters of the head of state cannot afford to lose even more votes in the upcoming elections.
“It won’t be a complete reversal. It is enough for Biden to instill hope in crypto supporters that if he is re-elected for a new term, the policy of the US authorities will be more loyal to the crypto community. And although his opponent Donald Trump is playing the card of a supporter of the crypto industry, Biden will be able to soften the contradictions so as not to lose votes,” reasoned Haseeb Qureshi.
As an example that demonstrates the beginning of the Biden administration’s flirtation with the country’s crypto audience, the businessman highlighted the appeal of the US Securities and Exchange Commission (SEC) to the exchanges where shares of future spot ether-ETFs should be traded, about the accelerated updating of registration forms in anticipation of increasing chances approval of future funds.
Source: Bits

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