Presidential Debate Preview: Will Digital Assets Take Center Stage?

The upcoming debate between U.S. President Joe Biden and former president Donald Trump is set to make history as the first time digital assets may be mentioned on a debate stage. Scheduled to take place at CNN’s Atlanta studios on June 27, this debate will also mark a departure from the traditional Commission on Presidential Debates, as the candidates have arranged the event on their own terms.

Although neither Biden nor Trump have officially accepted their party’s nominations for the 2024 election, polls indicate that they are likely to be the major party nominees. With increasing rhetoric on crypto, many crypto users are anticipating the topic to be brought up during the debate. Trump, who has shifted his stance on crypto since his last debate with Biden in 2020, now accepts contributions in digital assets and plans to have all remaining Bitcoin mined in the United States.

On the other hand, Biden has taken anti-crypto actions while in office, signing executive orders to regulate the industry and criticizing digital assets’ energy consumption. However, recent reports suggest that Biden may be exploring the possibility of accepting crypto contributions for his reelection campaign.

The debate is expected to last 90 minutes with no studio audience, and both candidates’ microphones will be muted unless it’s their turn to speak. As the crypto community eagerly awaits this historic event, the outcome of the debate could have significant implications for the 2024 election. Stay tuned for updates on this groundbreaking debate that could shape the future of digital assets in the United States.