Kamala Harris Allegedly Working On Crypto Policies With Industry Advocates – Scaramucci
21 Settembre 2024 - 7:30AM
NEWSBTC
At the TOKEN2049 conference, SkyBridge Capital founder Anthony
Scaramucci revealed that US Vice President and Democratic nominee
Kamala Harris is working alongside industry advocates on her crypto
policies before the November elections. Related Reading: Solana
(SOL) Flies 12% To Reclaim $140, Is $160 Next? Kamala Harris
“Distancing” From Warren And Gensler On Thursday, Anthony
Scaramucci claimed to be “working alongside” Kamala Harris to
develop her campaign’s crypto policies. SkyBridge Capital’s founder
announced at one of the largest crypto events worldwide that the
Democratic nominee has been “hearing out” industry proponents.
Scaramucci and other undisclosed crypto and Bitcoin advocates have
been allegedly pushing the US VP to back industry-friendly
policies. These talks have been seemingly “making progress” and
“going in the right direction,” he stated at the event. Moreover,
the industry advocates working alongside Harris “want to prevent”
crypto policies from becoming a partisan issue, aiming for “crypto
in the U.S. to have a bipartisan standard unstrained from political
and tribal conflicts.” Scaramucci also stated that they are working
to “distance” the Democratic Party from figures like Senator
Elizabeth Warren and Gary Gensler, who have had a big role in the
US’s crackdown on the industry. The Democratic candidate’s stance
on the sector has been heavily speculated since she was nominated.
Nonetheless, Harris, whose stance remains undisclosed, has been
endorsed by several industry figures, including Ripple’s co-founder
Chris Larsen and Bitcoin bull Mark Cuban. Who Is The Crypto
Industry’s ‘Favorite’ Candidate? At the TOKEN2049 panel, Scaramucci
also commented on his feelings about former US president Donald
Trump. He applauded the Republican candidate for understanding the
industry’s importance, claiming that he has changed the landscape
ahead of the elections: Whatever my feelings are about President
Trump, I applaud him for understanding how important this industry
is for the United States, and I think ironically, he’s pulling the
Democrats along into a centrist position on regulation. Trump’s
stance has pushed the Biden-Harris administration toward a more
industry-friendly approach in the past few months. In a recent
interview with CNBC, Cardano’s founder, Charles Hoskinson, also
suggested that Trump might be the favorite option from a crypto
perspective. To him, the Republican candidate is the clear industry
favorite as he has openly embraced the sector, even launching a
DeFi project. The community has also launched several
Trump-inspired memecoins throughout his campaign, which lead the
PolitiFi token sector. Related Reading: Will Bitcoin Break Through
$70k? Short-Term Holders’ Buy Price Holds The Key Since the
presidential debate on September 10, the US VP has challenged the
Republican candidate’s winning odds. Prediction markets like
Polymarket show that Harris’s chances of winning surpass Trump’s by
3%, with 51% odds in her favor. Nonetheless, Hoskinson considers
that regardless of who wins the election, the world will continue
to move toward crypto adoption. “The world, with or without
America, is embracing cryptocurrencies,” he stated. As of this
writing, Bitcoin, the largest cryptocurrency by market
capitalization, is trading at $63,480, an 8% increase in the past
week. Featured Image from Unsplash.com, Chart from TradingView.com
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