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The Fox News Rundown

Business Rundown: 2024 Is Shaping Up To Be A Crypto Campaign

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 2 August 2024

⏱️ 17 minutes

🧾️ Download transcript

Summary

By now, folks have at least heard of Bitcoin. Cryptocurrency was once little-known but now has become central to the 2024 presidential race as both candidates are now vying for the support of the crypto industry.  Former President Trump has been active in making himself the crypto candidate, suggesting industry-friendly policy. Meanwhile, Vice President Kamala Harris is reportedly now trying to play catchup and make nice with the crypto companies after years of strict regulation from the Biden White House. FBN Correspondent Kelly O’Grady has been covering cryptocurrency’s impact on this campaign from the very beginning. Tonight, Friday, at 8:00 PM ET on the FOX Business Network, she’ll share exclusive interviews and coverage in her TV special, “The Crypto Campaign.”  She speaks with Trustless Media CEO and Coinage host Zack Guzman to preview why cryptocurrency has become so influential in the 2024 presidential race. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

It's time to take the quiz.

0:01.7

Five questions, five minutes a day, five days a week.

0:04.3

Take the quiz every weekday at the quiz dot fox and then listen to the quiz

0:08.5

podcast to find out how you did.

0:10.2

Clay, share, and of course listen to the quiz at the quiz.

0:13.7

Fox.

0:14.7

I'm Kelly O'Grady, and this is the Fox Business Run Down.

0:17.0

Friday, August 2,, 2024, crypto is becoming a major issue for the

0:27.2

2024 presidential candidates as crypto policy and industry support could

0:31.9

attract some major campaign cash.

0:34.4

The Trump campaign capitalized on that with a shift in policy.

0:38.3

You know, Trump hasn't been exactly a pro-bit coin guy, but I think when you put all those opportunities together in a way to differentiate

0:44.7

from VP Harris, you see a huge potential there.

0:49.6

Well, 2024 is shaping up to be a crypto campaign.

0:54.0

I mean, you've all at least heard of Bitcoin, right?

0:56.0

It first launched back in 2009,

0:58.0

and then in the years that followed,

1:00.0

more cryptocurrency competitors emerged

1:02.0

as demand for these coins rose dramatically.

1:05.6

Americans seem increasingly open to the idea, this new digital currency.

1:09.9

It's not tied to any central authority like a government or a bank that's very attractive to folks in the space

1:16.6

Now this once little known topic it's become central to the 2024 presidential race.

...

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