The next president of the United States is likely to be in favor of central bank digital currency , crypto asset manager Grayscale observed in a post on its website, as the current frontrunners in both political parties have expressed their support for it. Neither seems to like Bitcoin.
Joe Biden and Donald Trump currently have healthy leads in the 2024 presidential polls among members of their respective parties. Both of them are “favorable toward exploring CBDC,” echoing conclusions drawn by Forbes earlier this year. Trump has called Bitcoin a “scam,” and Biden’s position was intuited from his support for a 30% tax on Bitcoin mining. Grayscale did not comment on Trump’s overall attitude toward crypto and digital assets. It can be recalled that he is at, a minimum,
Grayscale predicts the next US president will back a digital currency. They also highlighted the US candidates with a positive stance on digital currency.