Trump Campaigns in South Carolina with Crypto and AI on the Line
As the US heads to the polls for the mid-term elections, President Donald Trump has inserted himself into the conversation with his $400 million MAGA Inc. super PAC war chest.
The Republican Party is vying to retain its majority in Congress, and the crypto industry is closely tied to the outcome, with a pro-crypto bill called the CLARITY Act needing Republican support to pass.
Crypto stakeholders are looking for favorable rulemaking from regulatory bodies such as the SEC and CFTC, which they believe will be more likely under a Republican majority.
AI stakeholders, on the other hand, are trying to shake off the perception that AI has become an albatross for politicians seeking election.