Analysis: Trump's support for Crypto Assets has become a key factor for his 2024 re-election.

2025-06-15 23:54:20

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According to a report by Decrypt on June 16, Chris Lasavita, the joint campaign manager for Trump, stated at the Coinbase Crypto Summit that Trump’s support for Crypto Assets has become a key factor for his successful inauguration in 2024. Lasavita pointed out that the topic of Crypto Assets has helped the Republican Party attract traditionally Democratic-leaning voter groups, including African Americans, Asian Americans, and young voters. Data shows that 28% of Asian Americans and about 20% of African Americans hold Crypto Assets, significantly higher than the 14% of whites. The Trump administration has incorporated crypto-friendly policies into the Republican platform, pledging to protect Bitcoin Miners and ban Central Bank Digital Money. Meanwhile, a political action committee supported by Coinbase and Ripple Labs has invested over $200 million in the 2024 elections, boosting the influence of Crypto Assets in American politics.

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