Election Coverage 2024

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Kamala Harris (Getty Images / Win McNamee)

Ripple Co-Founder Among Kamala Harris' New Corporate Endorsers

Chris Larsen's endorsement comes as Ripple has emerged as one of the biggest donors in the 2024 U.S. elections, though his choice may be at odds with the company CEO's support...
Kamala Harris (Getty Images / Win McNamee)
Former President Donald Trump made only a brief mention of crypto in an otherwise wide-ranging economic speech. (Scott Olson/Getty Images)
Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI
If elected, the former U.S. president has said he will install Elon Musk as head of a new government efficiency commission.
Former President Donald Trump made only a brief mention of crypto in an otherwise wide-ranging economic speech. (Scott Olson/Getty Images)
A PAC supporting Kamala Harris' presidential campaign is accepting crypto donations via Coinbase. (Brandon Bell/Getty Images)
Kamala Harris Is Not Directly Accepting Crypto Donations, a PAC Is, Coinbase Says
A spokesperson for Coinbase said the Future Forward PAC, which is dedicated to supporting Kamala Harris, is accepting crypto donations, rather than her campaign directly.
A PAC supporting Kamala Harris' presidential campaign is accepting crypto donations via Coinbase. (Brandon Bell/Getty Images)
Eric, Donald and Donald Trump Jr. (Desiree Navarro/WireImage)
In Trump-Backed Crypto Project, Insiders Are Poised for Unusually Big Token Payouts
The team could get 70% of World Liberty Financial's tokens, a significantly higher-than-normal allocation from a project marketed as a solution to the “rigged” traditional fin...
Eric, Donald and Donald Trump Jr. (Desiree Navarro/WireImage)

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The Latest News on the U.S. Election

DENVER, COLORADO - MARCH 5: An election judge holds "I Voted" stickers while collecting drive-thru ballots on March 5, 2024 outside the Highland Recreation Center in Denver, Colorado. 15 States and one U.S. Territory hold their primary elections on Super Tuesday, awarding more delegates than any other day in the presidential nominating calendar.  (Photo by Marc Piscotty/Getty Images)
CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days

The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her as-yet-unpublished rationale.

DENVER, COLORADO - MARCH 5: An election judge holds "I Voted" stickers while collecting drive-thru ballots on March 5, 2024 outside the Highland Recreation Center in Denver, Colorado. 15 States and one U.S. Territory hold their primary elections on Super Tuesday, awarding more delegates than any other day in the presidential nominating calendar.  (Photo by Marc Piscotty/Getty Images)
Kamala Harris (Getty Images / Win McNamee)
Ripple Co-Founder Among Kamala Harris' New Corporate Endorsers

Chris Larsen's endorsement comes as Ripple has emerged as one of the biggest donors in the 2024 U.S. elections, though his choice may be at odds with the company CEO's support...

Kamala Harris (Getty Images / Win McNamee)
Former President Donald Trump made only a brief mention of crypto in an otherwise wide-ranging economic speech. (Scott Olson/Getty Images)
Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI

If elected, the former U.S. president has said he will install Elon Musk as head of a new government efficiency commission.

Former President Donald Trump made only a brief mention of crypto in an otherwise wide-ranging economic speech. (Scott Olson/Getty Images)
A PAC supporting Kamala Harris' presidential campaign is accepting crypto donations via Coinbase. (Brandon Bell/Getty Images)
Kamala Harris Is Not Directly Accepting Crypto Donations, a PAC Is, Coinbase Says

A spokesperson for Coinbase said the Future Forward PAC, which is dedicated to supporting Kamala Harris, is accepting crypto donations, rather than her campaign directly.

A PAC supporting Kamala Harris' presidential campaign is accepting crypto donations via Coinbase. (Brandon Bell/Getty Images)
Eric, Donald and Donald Trump Jr. (Desiree Navarro/WireImage)
In Trump-Backed Crypto Project, Insiders Are Poised for Unusually Big Token Payouts

The team could get 70% of World Liberty Financial's tokens, a significantly higher-than-normal allocation from a project marketed as a solution to the “rigged” traditional fin...

Eric, Donald and Donald Trump Jr. (Desiree Navarro/WireImage)
Noted crypto lawyer John Deaton won the Republican primary in Massachusetts to get a chance to face Sen. Elizabeth Warren in the general election. (Photo Illustration by Jesse Hamilton/courtesy of John Deaton for Senate, Boston Globe)
Crypto-Fan Deaton Gets Chance to Battle Elizabeth Warren for U.S. Senate

John Deaton, a lawyer known as an advocate for crypto, dominated the Republican primary in Massachusetts, though beating Warren would be a Herculean task.

Noted crypto lawyer John Deaton won the Republican primary in Massachusetts to get a chance to face Sen. Elizabeth Warren in the general election. (Photo Illustration by Jesse Hamilton/courtesy of John Deaton for Senate, Boston Globe)
Lara Trump's X account was hacked to promote an apparent crypto scam. (Anna Moneymaker/Getty Images)
Trump Family Members Hacked to Promote Apparent Crypto Scam

The incident comes hours after CoinDesk revealed details of the crypto project the Trump family has recently touted.

Lara Trump's X account was hacked to promote an apparent crypto scam. (Anna Moneymaker/Getty Images)
Former President Trump is World Liberty Financial's "chief crypto advocate," according to the white paper. His sons Eric and Donald Jr. are "Web3 Ambassadors." (Alex Wong/Getty Images)
Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist

Four team members listed in World Liberty Financial's white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Gir...

Former President Trump is World Liberty Financial's "chief crypto advocate," according to the white paper. His sons Eric and Donald Jr. are "Web3 Ambassadors." (Alex Wong/Getty Images)
(Phil Hearing/Unsplash)
Crypto Holders Disproportionately Favor Trump for U.S. President, New Academic Poll Shows

Donald Trump’s outreach to the crypto community seems to be paying off.

(Phil Hearing/Unsplash)
Donald Trump at Bitcoin 2024 in Nashville (Danny Nelson/CoinDesk)
Trump's New Crypto Business to Offer Access to 'High-Yield' Investments, Website Says

World Liberty Financial is "the only crypto DeFi platform supported by Donald J. Trump," according to homepage metadata.

Donald Trump at Bitcoin 2024 in Nashville (Danny Nelson/CoinDesk)
Hedgehog Markets CEO Kyle DiPeppe (Danny Nelson/CoinDesk)
Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan

Hedgehog Markets, which runs on the Solana blockchain, wants to do for prediction markets what Pump.fun did for meme coins: Let anyone roll their own.

Hedgehog Markets CEO Kyle DiPeppe (Danny Nelson/CoinDesk)
Republican presidential nominee and former U.S. President Donald Trump (Emily Elconin/Getty Images)
Trump Keeps Teasing His New Crypto Project, but Details Remain Scant

There have been hints it will involve DeFi.

Republican presidential nominee and former U.S. President Donald Trump (Emily Elconin/Getty Images)
U.S. Sen. Kyrsten Sinema is set to speak at the first Stand With Crypto event in a series of stops planned for battleground states in this year's elections. (Chip Somodevilla/Getty Images)
Advocates at Stand With Crypto Seek to Turn Crypto Enthusiasts Into Swing-State Voters

The group is opening a battleground-states tour with Sen. Sinema in Arizona, then it moves on to Nevada, Michigan, Wisconsin and Pennsylvania to get out the crypto vote.

U.S. Sen. Kyrsten Sinema is set to speak at the first Stand With Crypto event in a series of stops planned for battleground states in this year's elections. (Chip Somodevilla/Getty Images)
Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)
Trump Releases Fourth Drop of His NFT Trading Cards

The new collection will offer buyers a piece of the candidate’s suit from his debate with President Joe Biden.

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)
Robert F. Kennedy Jr., Independent U.S. Presidential Candidate, speaks at Consensus 2024 by CoinDesk. (CoinDesk/Shutterstock/Suzanne Cordiero)
Did RFK Jr. Really 'Drop Out'? Polymarket Bettors Argue Over Contract Resolution

Also: Prediction market traders place bets on Telegram CEO's release from jail and on the spread of mpox.

Robert F. Kennedy Jr., Independent U.S. Presidential Candidate, speaks at Consensus 2024 by CoinDesk. (CoinDesk/Shutterstock/Suzanne Cordiero)
Robert F. Kennedy Jr., independent U.S. presidential candidate, has endorsed former President Donald Trump as Kennedy suspends his campaign. (Shutterstock/CoinDesk)
Crypto Friendly RFK Jr. Drops White House Hunt, Will Lend Kennedy Name to Trump

Robert Kennedy, a high-profile fan of digital assets, has joined forces with the Republican against Kamala Harris, giving Donald Trump an immediate bump in political predictio...

Robert F. Kennedy Jr., independent U.S. presidential candidate, has endorsed former President Donald Trump as Kennedy suspends his campaign. (Shutterstock/CoinDesk)
Former Washington crypto-policy advocate Michelle Bond is under indictment for campaign-finance violations from her congressional race in 2022. (Danny Nelson/CoinDesk)
Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash

Michelle Bond was indicted on charges that she took illegal campaign contributions when the digital assets advocate and former SEC lawyer was running for Congress.

Former Washington crypto-policy advocate Michelle Bond is under indictment for campaign-finance violations from her congressional race in 2022. (Danny Nelson/CoinDesk)
Sens. Cynthia Lummis and Tim Scott appear at the SALT Wyoming Symposium on Aug. 21, 2024. (Nikhilesh De/CoinDesk)
Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year

Sen. Cynthia Lummis said the window is closing, but it's not shut yet.

Sens. Cynthia Lummis and Tim Scott appear at the SALT Wyoming Symposium on Aug. 21, 2024. (Nikhilesh De/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

DENVER, COLORADO - MARCH 5: An election judge holds "I Voted" stickers while collecting drive-thru ballots on March 5, 2024 outside the Highland Recreation Center in Denver, Colorado. 15 States and one U.S. Territory hold their primary elections on Super Tuesday, awarding more delegates than any other day in the presidential nominating calendar.  (Photo by Marc Piscotty/Getty Images)
CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days

The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her as-yet-unpublished rationale.

DENVER, COLORADO - MARCH 5: An election judge holds "I Voted" stickers while collecting drive-thru ballots on March 5, 2024 outside the Highland Recreation Center in Denver, Colorado. 15 States and one U.S. Territory hold their primary elections on Super Tuesday, awarding more delegates than any other day in the presidential nominating calendar.  (Photo by Marc Piscotty/Getty Images)
ATLANTA, GEORGIA - MAY 21: A 'Wait Here To Vote' sign is seen in a polling location as cvoters check in to cast ballots on May 21, 2024 in Atlanta, Georgia. Among the races on the ballot in Fulton County are Scott McAfee, the Fulton County Superior Court Judge overseeing former president Donald Trump’s election interference criminal trial, and Fulton County District Attorney Fani Willis, who is prosecuting the case. (Photo by Elijah Nouvelage/Getty Images)
Kalshi Cleared to Offer Congressional Prediction Markets in Victory Against CFTC

With two months to go before the election, the U.S.-regulated platform may now get a sliver of the 2024 political betting bonanza that's been dominated by crypto-based rival P...

ATLANTA, GEORGIA - MAY 21: A 'Wait Here To Vote' sign is seen in a polling location as cvoters check in to cast ballots on May 21, 2024 in Atlanta, Georgia. Among the races on the ballot in Fulton County are Scott McAfee, the Fulton County Superior Court Judge overseeing former president Donald Trump’s election interference criminal trial, and Fulton County District Attorney Fani Willis, who is prosecuting the case. (Photo by Elijah Nouvelage/Getty Images)
Former President Donald Trump made only a brief mention of crypto in an otherwise wide-ranging economic speech. (Scott Olson/Getty Images)
Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI

If elected, the former U.S. president has said he will install Elon Musk as head of a new government efficiency commission.

Former President Donald Trump made only a brief mention of crypto in an otherwise wide-ranging economic speech. (Scott Olson/Getty Images)
A PAC supporting Kamala Harris' presidential campaign is accepting crypto donations via Coinbase. (Brandon Bell/Getty Images)
Kamala Harris Is Not Directly Accepting Crypto Donations, a PAC Is, Coinbase Says

A spokesperson for Coinbase said the Future Forward PAC, which is dedicated to supporting Kamala Harris, is accepting crypto donations, rather than her campaign directly.

A PAC supporting Kamala Harris' presidential campaign is accepting crypto donations via Coinbase. (Brandon Bell/Getty Images)
Former President Trump is World Liberty Financial's "chief crypto advocate," according to the white paper. His sons Eric and Donald Jr. are "Web3 Ambassadors." (Alex Wong/Getty Images)
Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist

Four team members listed in World Liberty Financial's white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Gir...

Former President Trump is World Liberty Financial's "chief crypto advocate," according to the white paper. His sons Eric and Donald Jr. are "Web3 Ambassadors." (Alex Wong/Getty Images)
Lara Trump's X account was hacked to promote an apparent crypto scam. (Anna Moneymaker/Getty Images)
Trump Family Members Hacked to Promote Apparent Crypto Scam

The incident comes hours after CoinDesk revealed details of the crypto project the Trump family has recently touted.

Lara Trump's X account was hacked to promote an apparent crypto scam. (Anna Moneymaker/Getty Images)
Noted crypto lawyer John Deaton won the Republican primary in Massachusetts to get a chance to face Sen. Elizabeth Warren in the general election. (Photo Illustration by Jesse Hamilton/courtesy of John Deaton for Senate, Boston Globe)
Crypto-Fan Deaton Gets Chance to Battle Elizabeth Warren for U.S. Senate

John Deaton, a lawyer known as an advocate for crypto, dominated the Republican primary in Massachusetts, though beating Warren would be a Herculean task.

Noted crypto lawyer John Deaton won the Republican primary in Massachusetts to get a chance to face Sen. Elizabeth Warren in the general election. (Photo Illustration by Jesse Hamilton/courtesy of John Deaton for Senate, Boston Globe)
(Phil Hearing/Unsplash)
Crypto Holders Disproportionately Favor Trump for U.S. President, New Academic Poll Shows

Donald Trump’s outreach to the crypto community seems to be paying off.

(Phil Hearing/Unsplash)
Donald Trump at Bitcoin 2024 in Nashville (Danny Nelson/CoinDesk)
Trump's New Crypto Business to Offer Access to 'High-Yield' Investments, Website Says

World Liberty Financial is "the only crypto DeFi platform supported by Donald J. Trump," according to homepage metadata.

Donald Trump at Bitcoin 2024 in Nashville (Danny Nelson/CoinDesk)
Hedgehog Markets CEO Kyle DiPeppe (Danny Nelson/CoinDesk)
Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan

Hedgehog Markets, which runs on the Solana blockchain, wants to do for prediction markets what Pump.fun did for meme coins: Let anyone roll their own.

Hedgehog Markets CEO Kyle DiPeppe (Danny Nelson/CoinDesk)
U.S. Sen. Kyrsten Sinema is set to speak at the first Stand With Crypto event in a series of stops planned for battleground states in this year's elections. (Chip Somodevilla/Getty Images)
Advocates at Stand With Crypto Seek to Turn Crypto Enthusiasts Into Swing-State Voters

The group is opening a battleground-states tour with Sen. Sinema in Arizona, then it moves on to Nevada, Michigan, Wisconsin and Pennsylvania to get out the crypto vote.

U.S. Sen. Kyrsten Sinema is set to speak at the first Stand With Crypto event in a series of stops planned for battleground states in this year's elections. (Chip Somodevilla/Getty Images)
Donald Trump speaks at the Bitcoin Conference in Nashville. (Danny Nelson/CoinDesk)
Trump Unlikely to Drop Out of ABC Debate With Harris Despite Threats: Polymarket Traders

The mics probably won't be muted, traders on the crypto-based prediction market platform are signaling.

Donald Trump speaks at the Bitcoin Conference in Nashville. (Danny Nelson/CoinDesk)
Robert F. Kennedy Jr., Independent U.S. Presidential Candidate, speaks at Consensus 2024 by CoinDesk. (CoinDesk/Shutterstock/Suzanne Cordiero)
Did RFK Jr. Really 'Drop Out'? Polymarket Bettors Argue Over Contract Resolution

Also: Prediction market traders place bets on Telegram CEO's release from jail and on the spread of mpox.

Robert F. Kennedy Jr., Independent U.S. Presidential Candidate, speaks at Consensus 2024 by CoinDesk. (CoinDesk/Shutterstock/Suzanne Cordiero)
Robert F. Kennedy Jr., independent U.S. presidential candidate, has endorsed former President Donald Trump as Kennedy suspends his campaign. (Shutterstock/CoinDesk)
Crypto Friendly RFK Jr. Drops White House Hunt, Will Lend Kennedy Name to Trump

Robert Kennedy, a high-profile fan of digital assets, has joined forces with the Republican against Kamala Harris, giving Donald Trump an immediate bump in political predictio...

Robert F. Kennedy Jr., independent U.S. presidential candidate, has endorsed former President Donald Trump as Kennedy suspends his campaign. (Shutterstock/CoinDesk)
(Robert F. Kennedy, Jr.)
RFK Jr. Reportedly Dropping Out of Presidential Race, Mulling Trump Endorsement; Bitcoin Jumps Past $61K

The independent candidate has scheduled a national address for Friday.

(Robert F. Kennedy, Jr.)
WAYNE, MICHIGAN - AUGUST 08: Democratic presidential candidate U.S. Vice President Kamala Harris speaks at a campaign rally at United Auto Workers Local 900 on August 8, 2024 in Wayne, Michigan. Kamala Harris and her newly selected running mate Tim Walz are campaigning across the country this week. (Photo by Andrew Harnik/Getty Images)
Kamala Harris Signals Interest in Friendlier Stance on Crypto: Bloomberg

The cryptocurrency industry has made no secret of its displeasure with the Biden administration's approach towards regulating digital assets.

WAYNE, MICHIGAN - AUGUST 08: Democratic presidential candidate U.S. Vice President Kamala Harris speaks at a campaign rally at United Auto Workers Local 900 on August 8, 2024 in Wayne, Michigan. Kamala Harris and her newly selected running mate Tim Walz are campaigning across the country this week. (Photo by Andrew Harnik/Getty Images)
Sens. Cynthia Lummis and Tim Scott appear at the SALT Wyoming Symposium on Aug. 21, 2024. (Nikhilesh De/CoinDesk)
Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year

Sen. Cynthia Lummis said the window is closing, but it's not shut yet.

Sens. Cynthia Lummis and Tim Scott appear at the SALT Wyoming Symposium on Aug. 21, 2024. (Nikhilesh De/CoinDesk)

How Upcoming Elections Around the World Could Impact the Crypto Industry