Election Coverage 2024

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Donald Trump (Brandon Bell/Getty Images)

Trump Speaks Saturday at the Bitcoin Conference. Here's What Attendees Like 'The Crypto Patriot' Hope He Says.

“I want to hear [Trump] give a bold statement on the future of crypto and spark up what we all want," one person said.
Donald Trump (Brandon Bell/Getty Images)
U.S. Sen. Tim Scott, the Banking Committee's top Republican, has joined former President Donald Trump as a crypto booster. (Justin Sullivan/Getty Images)
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
After years of consequential silence on digital assets, the top Republican on the Senate Banking Committee stormed a Bitcoin 2024 stage as a booster.
U.S. Sen. Tim Scott, the Banking Committee's top Republican, has joined former President Donald Trump as a crypto booster. (Justin Sullivan/Getty Images)
Robert F. Kennedy Junior (Screenshot from 2024 campaign website)
U.S. Presidential Candidate RFK Jr. Says He's 'Fully Committed' to Bitcoin
The presidential candidate said most of his wealth is in the digital asset.
Robert F. Kennedy Junior (Screenshot from 2024 campaign website)
Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)
Biden's Exit Spurs Record $28M Daily Volume on Polymarket as Election Enters Uncharted Territory
Bets on the U.S. presidential election winner rocketed past $300 million, while the punters have put $200 million in a market for the potential Democrat's nominee and $10 mill...
Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)

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The Latest News on the U.S. Election

Donald Trump (Brandon Bell/Getty Images)
Trump Speaks Saturday at the Bitcoin Conference. Here's What Attendees Like 'The Crypto Patriot' Hope He Says.

“I want to hear [Trump] give a bold statement on the future of crypto and spark up what we all want," one person said.

Donald Trump (Brandon Bell/Getty Images)
U.S. Sen. Tim Scott, the Banking Committee's top Republican, has joined former President Donald Trump as a crypto booster. (Justin Sullivan/Getty Images)
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

After years of consequential silence on digital assets, the top Republican on the Senate Banking Committee stormed a Bitcoin 2024 stage as a booster.

U.S. Sen. Tim Scott, the Banking Committee's top Republican, has joined former President Donald Trump as a crypto booster. (Justin Sullivan/Getty Images)
Robert F. Kennedy Junior (Screenshot from 2024 campaign website)
U.S. Presidential Candidate RFK Jr. Says He's 'Fully Committed' to Bitcoin

The presidential candidate said most of his wealth is in the digital asset.

Robert F. Kennedy Junior (Screenshot from 2024 campaign website)
Vice President Kamala Harris (Jim Vondruska/Getty Images)
What Does Kamala Harris' (Presumptive) Nomination Mean for Crypto This Election?

There has definitely been a vibe shift in the 2024 race, but it's unclear how crypto fits into that.

Vice President Kamala Harris (Jim Vondruska/Getty Images)
Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)
Biden's Exit Spurs Record $28M Daily Volume on Polymarket as Election Enters Uncharted Territory

Bets on the U.S. presidential election winner rocketed past $300 million, while the punters have put $200 million in a market for the potential Democrat's nominee and $10 mill...

Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)
KAMA meme coin (KAMA)
Kamala Harris Meme Coin Soars to All-Time High After Joe Biden Drops Out

Crypto traders are once again betting on the very serious business of presidential politics via very silly meme coins.

KAMA meme coin (KAMA)
Vice President Kamala Harris and President Joe Biden (Kevin Dietsch/Getty Images)
With Biden Out, Polymarket Favors Harris for Democratic Presidential Nominee

Vice President Kamala Harris is in the strongest position after Biden's departure.

Vice President Kamala Harris and President Joe Biden (Kevin Dietsch/Getty Images)
Ethereum co-founder Vitalik Buterin speaks at the EthCC conference in Brussels (Margaux Nijkerk)
Vitalik Buterin, as Other Crypto Leaders Line Up Behind Trump, Argues Against Picking Candidates Just Because They Like Crypto

The comments from Buterin, widely viewed as Ethereum's intellectual leader, stand in stark contrast to the strongly pro-Trump rhetoric from other well-known crypto figures.

Ethereum co-founder Vitalik Buterin speaks at the EthCC conference in Brussels (Margaux Nijkerk)
Mark Cuban (David Berding/Getty Images)
'It's a Bitcoin Play': Mark Cuban Says Silicon Valley's Embrace of Trump Revolves Around Crypto

Cuban: "You can't align the stars any better for a BTC price acceleration."

Mark Cuban (David Berding/Getty Images)
Anthony Scaramucci, founder and managing partner at SkyBridge Capital (Shutterstock/CoinDesk)
Democrats Have Made a 'Horrific Mistake' on Crypto, Says SkyBridge Capital’s Anthony Scaramucci

The former White House Communications Director under President Trump spoke in an exclusive interview with CoinDesk’s Jennifer Sanasie.

Anthony Scaramucci, founder and managing partner at SkyBridge Capital (Shutterstock/CoinDesk)
Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)
Cameron and Tyler Winklevoss Each Contributed $250,000 to New Trump-Aligned Super PAC

America PAC has raised $8.75 million this quarter from a handful of tech and venture capital executives.

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)
MILWAUKEE, WISCONSIN - JULY 15: (L-R) Tucker Carlson, U.S. Rep. Byron Donalds (R-FL), Republican presidential candidate, former U.S. President Donald Trump,  Republican Vice Presidential candidate, U.S. Sen. J.D. Vance (R-OH), and Speaker of the House Mike Johnson (R-LA) appear on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin. Delegates, politicians, and the Republican faithful are in Milwaukee for the annual convention, concluding with former President Donald Trump accepting his party's presidential nomination. The RNC takes place from July 15-18. (Photo by Chip Somodevilla/Getty Images)
Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick

With a millennial running mate, the former president now has a 72% chance of retaking the White House, traders on the crypto-based prediction market are signaling.

MILWAUKEE, WISCONSIN - JULY 15: (L-R) Tucker Carlson, U.S. Rep. Byron Donalds (R-FL), Republican presidential candidate, former U.S. President Donald Trump,  Republican Vice Presidential candidate, U.S. Sen. J.D. Vance (R-OH), and Speaker of the House Mike Johnson (R-LA) appear on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin. Delegates, politicians, and the Republican faithful are in Milwaukee for the annual convention, concluding with former President Donald Trump accepting his party's presidential nomination. The RNC takes place from July 15-18. (Photo by Chip Somodevilla/Getty Images)
BUTLER, PENNSYLVANIA - JULY 13: Republican presidential candidate former President Donald Trump pumps his fist as he is rushed offstage by U.S. Secret Service agents after being grazed by a bullet during a rally on July 13, 2024 in Butler, Pennsylvania. Butler County district attorney Richard Goldinger said the shooter is dead after injuring former U.S. President Donald Trump, killing one audience member and injuring another in the shooting. (Photo by Anna Moneymaker/Getty Images)
Trump Campaign's Crypto Donations Amounted to $3M of $331M Raised Last Quarter: WSJ

Roughly 100 people contributed crypto the campaign, including high-profile industry players like the Winklevoss twins and Kraken's Jesse Powell.

BUTLER, PENNSYLVANIA - JULY 13: Republican presidential candidate former President Donald Trump pumps his fist as he is rushed offstage by U.S. Secret Service agents after being grazed by a bullet during a rally on July 13, 2024 in Butler, Pennsylvania. Butler County district attorney Richard Goldinger said the shooter is dead after injuring former U.S. President Donald Trump, killing one audience member and injuring another in the shooting. (Photo by Anna Moneymaker/Getty Images)
Ohio Senator J.D. Vance (Andrew Harnik/Getty Images)
Pro-Crypto Ohio Senator J.D. Vance Is Donald Trump's Vice President Pick

Trump said that the Ohio Senator “will be strongly focused on the people he fought so brilliantly for, the American Workers and Farmers.”

Ohio Senator J.D. Vance (Andrew Harnik/Getty Images)
LAUREL, MARYLAND (May 10, 2024) Director of the United States Secret Service, Kimberly Cheatle, speaks during the Secret Service Wall of Honor Ceremony at the James J. Rowley Training Center in Laurel, Maryland. (DHS photo by Tia Dufour)
U.S. Secret Service Chief Probably Won't Be Fired, Polymarket Bets Signal

The shooting at Trump's rally created severe concerns with the Secret Service's planning. Plus: Another all-time high for Trump's odds of victory; bettors think BTC will conti...

LAUREL, MARYLAND (May 10, 2024) Director of the United States Secret Service, Kimberly Cheatle, speaks during the Secret Service Wall of Honor Ceremony at the James J. Rowley Training Center in Laurel, Maryland. (DHS photo by Tia Dufour)
BUTLER, PENNSYLVANIA - JULY 13: Republican presidential candidate former President Donald Trump pumps his fist as he is rushed offstage by U.S. Secret Service agents after being grazed by a bullet during a rally on July 13, 2024 in Butler, Pennsylvania. Butler County district attorney Richard Goldinger said the shooter is dead after injuring former U.S. President Donald Trump, killing one audience member and injuring another in the shooting. (Photo by Anna Moneymaker/Getty Images)
Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting

The former president, who was injured at a rally in Pennsylvania on Saturday, now has a 70% chance of retaking the White House, according to traders on the crypto-based predic...

BUTLER, PENNSYLVANIA - JULY 13: Republican presidential candidate former President Donald Trump pumps his fist as he is rushed offstage by U.S. Secret Service agents after being grazed by a bullet during a rally on July 13, 2024 in Butler, Pennsylvania. Butler County district attorney Richard Goldinger said the shooter is dead after injuring former U.S. President Donald Trump, killing one audience member and injuring another in the shooting. (Photo by Anna Moneymaker/Getty Images)
The first portrait of Joe Biden as president of the United States, 2021. (The White House)
Biden Overtakes VP Harris as Likeliest Dem Nominee on Polymarket During President's Press Conference (Update)

The president said he plans to stay in the race but "it's important that I allay fears."

The first portrait of Joe Biden as president of the United States, 2021. (The White House)
U.S. senators questioned several of President Joe Biden's regulator nominees, including on crypto issues. (Jesse Hamilton/CoinDesk)
SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees

Crypto wasn't a major topic in a four-person confirmation hearing before the Senate Banking Committee, though SEC Commissioner Crenshaw was questioned on bitcoin ETFs.

U.S. senators questioned several of President Joe Biden's regulator nominees, including on crypto issues. (Jesse Hamilton/CoinDesk)

Other Major Elections

Labour Party leader Keir Starmer secured victory in the U.K. election (Matthew Horwood/Getty Images)
Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans

While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.

Labour Party leader Keir Starmer secured victory in the U.K. election (Matthew Horwood/Getty Images)
Labour leader Keir Starmer campaigns as U.K. election day comes closer (Carl Court/Getty Images)
Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues

The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.

Labour leader Keir Starmer campaigns as U.K. election day comes closer (Carl Court/Getty Images)
South Africa's Cyril Ramaphosa has been appointed to a new term as president. (Per-Anders Pettersson/Getty Images)
South Africa Re-Elects Cyril Ramaphosa of the ANC as President

The election results are not expected to have much of an impact on South Africa's crypto industry.

South Africa's Cyril Ramaphosa has been appointed to a new term as president. (Per-Anders Pettersson/Getty Images)
Labour Leader Keir Starmer Meets New Labour MP Chris Webb 16x9
Industry Stakeholders Believe a UK Election Won't Derail Crypto Plans

A U.K. election is expected to happen this year, but it likely won't change the trajectory of the country's crypto policy efforts.

Labour Leader Keir Starmer Meets New Labour MP Chris Webb 16x9

India Elections

Narendra Modi greets supporters in May. (Elke Scholiers/Getty Images)
India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto

Any plans for comprehensive crypto legislation could be kicked further down the road after a weaker-than-forecast showing for the governing party.

Narendra Modi greets supporters in May. (Elke Scholiers/Getty Images)
(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year

Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in Washington DC in October 2022. (Indian Ministry of Finance)
Indian flag, elections, ballot box, casting vote. (Gettyimages/btgbtg)
What’s at Stake for Crypto in India as the World’s Largest Democracy Is in the Midst of Its National Election?

Crypto’s significance as an election issue remains non-existent or at best negligible.

Indian flag, elections, ballot box, casting vote. (Gettyimages/btgbtg)

EU Elections

The EU flag (Christian Lue/Unsplash)
Elections Across Europe Won't Hinder Bloc's Crypto Ambitions

France, Austria, Germany and other countries are expected to have elections soon, following this month's European Parliament contest.

The EU flag (Christian Lue/Unsplash)
EU parliament facade (Guillaume Périgois/Unsplash)
What Do the EU Election Results Mean for Digital Assets?

Centrist parties hold power, but a right-wing majority is active on polarizing issues. The crypto industry needs to choose what it stands for, and with whom it wants to work,...

EU parliament facade (Guillaume Périgois/Unsplash)
(Pixabay)
EU Vote See Reelection of Some Officials With Key Roles in Bloc's Crypto Journey

Among the MEPs retaining their seats is Stefan Berger, who steered the landmark MiCA legislation.

(Pixabay)
Emmanuel Macron (Sean Gallup/Getty Images)
Macron Calls Surprise French Election That's Unlikely to Stir Crypto, Is Likely to Shake Up Government

The French president called a snap election after an unexpectedly poor showing in voting for the European Parliament.

Emmanuel Macron (Sean Gallup/Getty Images)

Global Election Coverage

Donald Trump (Brandon Bell/Getty Images)
Trump Speaks Saturday at the Bitcoin Conference. Here's What Attendees Like 'The Crypto Patriot' Hope He Says.

“I want to hear [Trump] give a bold statement on the future of crypto and spark up what we all want," one person said.

Donald Trump (Brandon Bell/Getty Images)
Robert F. Kennedy Junior (Screenshot from 2024 campaign website)
U.S. Presidential Candidate RFK Jr. Says He's 'Fully Committed' to Bitcoin

The presidential candidate said most of his wealth is in the digital asset.

Robert F. Kennedy Junior (Screenshot from 2024 campaign website)
U.S. Vice President Kamala Harris speaks during an NCAA championship teams celebration on the South Lawn of the White House on July 22, 2024 in Washington, DC. U.S. President Joe Biden abandoned his campaign for a second term after weeks of pressure from fellow Democrats to withdraw and just months ahead of the November election, throwing his support behind Harris. (Photo by Andrew Harnik/Getty Images)
How Kamala Harris Could Usher in a Clean Slate for Crypto Regulation

She may not be appearing at Bitcoin Nashville this year alongside Donald Trump. But, if elected president, Kamala Harris could reshape the U.S.'s policy on digital assets. Pen...

U.S. Vice President Kamala Harris speaks during an NCAA championship teams celebration on the South Lawn of the White House on July 22, 2024 in Washington, DC. U.S. President Joe Biden abandoned his campaign for a second term after weeks of pressure from fellow Democrats to withdraw and just months ahead of the November election, throwing his support behind Harris. (Photo by Andrew Harnik/Getty Images)
Vice President Kamala Harris (Jim Vondruska/Getty Images)
What Does Kamala Harris' (Presumptive) Nomination Mean for Crypto This Election?

There has definitely been a vibe shift in the 2024 race, but it's unclear how crypto fits into that.

Vice President Kamala Harris (Jim Vondruska/Getty Images)
Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)
Biden's Exit Spurs Record $28M Daily Volume on Polymarket as Election Enters Uncharted Territory

Bets on the U.S. presidential election winner rocketed past $300 million, while the punters have put $200 million in a market for the potential Democrat's nominee and $10 mill...

Kamala Harris, the frontrunner for the Democratic presidential nomination after Joe Biden dropped out (Chris duMond/Getty Images)
The market ponders Joe Biden's future (Jon Tyson/Unsplash)
Polymarket Bettors Put Nearly $80M on Biden's Democratic Chances

Market data shows Polymarket bettors called Biden's drop out hours before it was announced.

The market ponders Joe Biden's future (Jon Tyson/Unsplash)
Vice President Kamala Harris and President Joe Biden (Kevin Dietsch/Getty Images)
With Biden Out, Polymarket Favors Harris for Democratic Presidential Nominee

Vice President Kamala Harris is in the strongest position after Biden's departure.

Vice President Kamala Harris and President Joe Biden (Kevin Dietsch/Getty Images)
The market ponders Joe Biden's future (Jon Tyson/Unsplash)
Biden Dropout Chances Rise to 68% After Covid Diagnosis

President Joe Biden said during an interview that if a medical condition emerged, he'd consider dropping out of the race.

The market ponders Joe Biden's future (Jon Tyson/Unsplash)
Ethereum co-founder Vitalik Buterin speaks at the EthCC conference in Brussels (Margaux Nijkerk)
Vitalik Buterin, as Other Crypto Leaders Line Up Behind Trump, Argues Against Picking Candidates Just Because They Like Crypto

The comments from Buterin, widely viewed as Ethereum's intellectual leader, stand in stark contrast to the strongly pro-Trump rhetoric from other well-known crypto figures.

Ethereum co-founder Vitalik Buterin speaks at the EthCC conference in Brussels (Margaux Nijkerk)
CEO Brian Armstrong's Coinbase has amplified its political involvement with another $25 million. (screenshot from Coinbase video)
Flood of Cash From Coinbase Gives Crypto One of the Biggest Campaign War Chests

Coinbase followed Ripple and a16z in each giving a new $25 million to their political action committee, Fairshake, as the general election approaches that may shift crypto's d...

CEO Brian Armstrong's Coinbase has amplified its political involvement with another $25 million. (screenshot from Coinbase video)
Nate Silver will now reportedly work for prediction market Polymarket. (Slaven Vlasic/Getty Images for AWXII)
Polymarket Hires Nate Silver After Taking in $265M of Bets on U.S. Election: Report

The crypto-based prediction market has taken more than $400 million in bets this year.

Nate Silver will now reportedly work for prediction market Polymarket. (Slaven Vlasic/Getty Images for AWXII)
Anthony Scaramucci, founder and managing partner at SkyBridge Capital (Shutterstock/CoinDesk)
Democrats Have Made a 'Horrific Mistake' on Crypto, Says SkyBridge Capital’s Anthony Scaramucci

The former White House Communications Director under President Trump spoke in an exclusive interview with CoinDesk’s Jennifer Sanasie.

Anthony Scaramucci, founder and managing partner at SkyBridge Capital (Shutterstock/CoinDesk)
Ohio Senator J.D. Vance (Andrew Harnik/Getty Images)
Pro-Crypto Ohio Senator J.D. Vance Is Donald Trump's Vice President Pick

Trump said that the Ohio Senator “will be strongly focused on the people he fought so brilliantly for, the American Workers and Farmers.”

Ohio Senator J.D. Vance (Andrew Harnik/Getty Images)
Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)
Cameron and Tyler Winklevoss Each Contributed $250,000 to New Trump-Aligned Super PAC

America PAC has raised $8.75 million this quarter from a handful of tech and venture capital executives.

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)
MILWAUKEE, WISCONSIN - JULY 15: (L-R) Tucker Carlson, U.S. Rep. Byron Donalds (R-FL), Republican presidential candidate, former U.S. President Donald Trump,  Republican Vice Presidential candidate, U.S. Sen. J.D. Vance (R-OH), and Speaker of the House Mike Johnson (R-LA) appear on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin. Delegates, politicians, and the Republican faithful are in Milwaukee for the annual convention, concluding with former President Donald Trump accepting his party's presidential nomination. The RNC takes place from July 15-18. (Photo by Chip Somodevilla/Getty Images)
Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick

With a millennial running mate, the former president now has a 72% chance of retaking the White House, traders on the crypto-based prediction market are signaling.

MILWAUKEE, WISCONSIN - JULY 15: (L-R) Tucker Carlson, U.S. Rep. Byron Donalds (R-FL), Republican presidential candidate, former U.S. President Donald Trump,  Republican Vice Presidential candidate, U.S. Sen. J.D. Vance (R-OH), and Speaker of the House Mike Johnson (R-LA) appear on the first day of the Republican National Convention at the Fiserv Forum on July 15, 2024 in Milwaukee, Wisconsin. Delegates, politicians, and the Republican faithful are in Milwaukee for the annual convention, concluding with former President Donald Trump accepting his party's presidential nomination. The RNC takes place from July 15-18. (Photo by Chip Somodevilla/Getty Images)
BUTLER, PENNSYLVANIA - JULY 13: Republican presidential candidate former President Donald Trump pumps his fist as he is rushed offstage by U.S. Secret Service agents after being grazed by a bullet during a rally on July 13, 2024 in Butler, Pennsylvania. Butler County district attorney Richard Goldinger said the shooter is dead after injuring former U.S. President Donald Trump, killing one audience member and injuring another in the shooting. (Photo by Anna Moneymaker/Getty Images)
Trump Campaign's Crypto Donations Amounted to $3M of $331M Raised Last Quarter: WSJ

Roughly 100 people contributed crypto the campaign, including high-profile industry players like the Winklevoss twins and Kraken's Jesse Powell.

BUTLER, PENNSYLVANIA - JULY 13: Republican presidential candidate former President Donald Trump pumps his fist as he is rushed offstage by U.S. Secret Service agents after being grazed by a bullet during a rally on July 13, 2024 in Butler, Pennsylvania. Butler County district attorney Richard Goldinger said the shooter is dead after injuring former U.S. President Donald Trump, killing one audience member and injuring another in the shooting. (Photo by Anna Moneymaker/Getty Images)
Sen. JD Vance, right, with former U.S. President Donald Trump (Drew Angerer/Getty images)
Crypto-Friendly Sen. JD Vance's Odds as Trump VP Pick Double on Polymarket

Traders on the crypto-based prediction market now see a 29% chance that the Ohio Republican will be former President Trump’s running mate, up from 14% a week ago.

Sen. JD Vance, right, with former U.S. President Donald Trump (Drew Angerer/Getty images)

How Upcoming Elections Around the World Could Impact the Crypto Industry