Variant CLO: Democrats Could Regain Crypto Voter Support with Pro-Crypto Stance

IconCryptoNewsTerminal Staff21 Jul, 2024

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Variant CLO: Democrats Could Regain Crypto Voter Support with Pro-Crypto Stance

Variant, a cryptocurrency investment firm, tweeted that the Democratic Party has an opportunity to win back the votes of crypto supporters after Biden's withdrawal from the presidential race. They stated that the party's new nominee should prioritize cryptocurrency. Variant's statement highlights the growing importance of cryptocurrency in politics and the need for policymakers to engage with the industry. The firm's call for the Democratic Party to recognize the benefits of cryptocurrency and address the SEC's overreach will likely resonate with many crypto voters. It remains to be seen whether the Democratic Party will heed Variant's advice. However, the firm's statement is a clear indication that cryptocurrency is becoming a more influential force in politics.