Currently, Americans want the regulations for crypto to be more transparent so that they can adopt it better. Republicans and Democrats also agree on the need for regulation to ensure that it becomes a safe investment option for American investors. 4 out of 5 Americans have a positive view of crypto. The acceptance of crypto among the American youth is so high that the American government is also paying special attention to it. A majority of older voters among American citizens also believe that crypto will create a more equitable economy with less reliance on banks and financial intermediaries. Crypto is currently the top investment choice for people aged 18 to 40 in this country. In almost every country in the world, the positive attitude towards crypto is increasing day by day, as a result of which cryptocurrency is going to play an important role in the economy in the future.
Will you agree with the thought that cryptocurrency is going to make a significant contribution to the economy of every country in the world ?
The world that democrats and republicans are living in are entirely different when it comes to crypto regulations. Most democratic politicians on the federal level believe in stringent regulations and higher taxes on cryptocurrency. Joe Biden explicitly laid out framework for crypto regulation under the guise of consumer protection:
https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/16/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets/It's essentially a bunch of jumbled up jargon, hitting on all the buzzwords related to fraud prevention and consumer protection. When translated, it means higher regulation and bureaucratic red tape related to crypto. Republicans aren't particularly pro-crypto either, but relatively speaking, they are compared to democrats.
Then there exists some portion of politicians that couldn't even define cryptocurrency.