There are both optimistic and pessimistic anticipations of Kamala Harris’ stance on crypto.
Ripple CEO Brad Garlinghouse takes an unbiased view of the candidates’ crypto notions.
Cameron Winklevoss criticizes the Biden-Harris administration for bringing crypto partisans to the US.
As U.S. Vice President Kamala Harris gears up for the 2024 presidential race, the crypto community is buzzing about her potential stance on digital assets. With recent consultations with billionaire Mark Cuban on crypto policies, analysts and industry experts are speculating a potential policy shift.
Ripple CEO Brad Garlinghouse maintains a nonpartisan view on the matter. In response to expert predictions of Harris’ potential pro-crypto stance, Garlinghouse acknowledged her long history with Silicon Valley, suggesting it could reshape America’s financial landscape. However, he cautioned against the potential for Harris to adopt a crypto-skeptic stance similar to that of Senator Elizabeth Warren.
Jumping to conclusions and assumptions about candidates purely based on political affiliation without any policy proposals is holding the crypto industry back (similar to how tribalism has for years).VP Harris is no stranger to Silicon Valley & has an incredible opportunity to… https://t.co/2kmKDZZXJe
— Brad Garlinghouse (@bgarlinghouse) July 24, 2024
Garlinghouse’s comments were a reaction to Paradigm Policy Director Justin Slaughter’s post on potential shifts within the Biden administration. Cuban fueled optimism about Harris’ potential policies, stating:
“The feedback I’m getting, but certainly not confirmed by the VP, is that she will be far more open to business, [artificial intelligence], crypto and government as a service. Changing the policies changes the message and lets everyone know she is in charge and open, literally, for business.”
Despite some optimism, Gemini co-founder Cameron Winklevoss has been a vocal critic of the Biden administration’s approach to crypto, arguing that Biden and Harris are actively trying to “kill it.” Winklevoss also contends that the Biden-Harris administration has politicized crypto. With a light-hearted description of the “Crypto Amnesia Partisan Syndrome (CAPS),” he asserted that crypto was non-partisan during the Obama administration and the Trump administration.
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