New Jersey Democrats Actively Embrace Cryptocurrency in Competitive Governor's Race
PANews reported on May 7 that some Democratic candidates in the New Jersey gubernatorial race are accepting cryptocurrency, a strategy that once helped Trump run for U.S. President. At least half of the six Democratic candidates have supported cryptocurrency-related work, including U.S. Representative Mikie Sherrill, who is leading in some primary polls. Sherrill publicly stated, "The crypto economy is not going away, and we need more resources to regulate this field." Jersey City Mayor Steve Fulop has even promised to allocate part of the state pension fund to a Bitcoin ETF if elected. As the June 10 primary approaches, crypto policy has become a key differentiating issue. A Rutgers University poll shows that one-third of voters are still undecided. Although traditional issues like transportation and housing remain focal points, Fulop pointed out, "Democrats who refuse to understand crypto are being foolish—this is about winning over young voters." On the Republican side, Trump supporter Mario Kranjac stated he would follow federal policy direction.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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