Billionaire Mark Cuban emphasized the role of cryptocurrency in the presidential race, especially in United States President Joe Biden's loyalty to Securities and Exchange Commission Chairman Gary Gensler.

Cuban doubted that Biden or former president Donald Trump understand crypto, even if the latter raised funds selling NFTs. However, Cuban said the crypto vote will be a key distinction between the two in the forthcoming presidential election in November 2024.

"I have said many times that Biden has to choose between Gensler or crypto voters or it could cost him the White House," Cuban said Saturday on the social media platform X, adding, "As far as who will be appointed. I wouldn’t take anything as a given."

When The Block asked Cuban for additional comment, he responded, …