Crypto Gains Political and Economic Influence Globally

As the United States presidential election nears, Donald Trump appears to be gaining favor among single-issue crypto voters, with a poll showing a 12-point lead over Kamala Harris among this group. Meanwhile, in Ohio, significant spending from outside groups is seen in the Senate race, particularly supporting Republican Bernie Moreno. Internationally, Crypto.com has partnered with Standard Chartered to offer fiat services, initially to retail users in the UAE, with plans to expand globally. In Pakistan, citizens are increasingly turning to cryptocurrencies for wealth preservation amidst economic challenges, despite the legal gray area. Mark Smargon, CEO of Fuse.io, emphasizes the need for compliance and security in crypto startups to achieve regulatory backing and mainstream adoption. These developments highlight the growing influence of cryptocurrency in both political and economic spheres worldwide.