When President Joe Biden passed the torch to Kamala Harris, he may have conveyed his administration's hostile stance toward cryptocurrencies. According to David Bailey, CEO of Bitcoin Magazine, Harris personally called bitcoin "money for criminals.
CEO Bailey accused Harris of ruining the crypto industry and pushing anti-cryptocurrency policies such as Operation Choke Point with SEC Chairman Gary Gensler and Senator Elizabeth Warren over the past four years.
the Biden administration jailed developers and forced the industry to move offshore. After those actions, you can't say Harris supports #bitcoin , Bailey said.
One major Democratic donor told me that Kamala personally said: "Bitcoin is money for criminals, he says.
Now Harris is the presumptive Democratic nominee for the 2024 presidential election. President Biden endorsed Harris as his successor after she announced her withdrawal from the campaign.
the Vice President has received significant support from key Democratic leaders such as Bill Clinton, Hillary Clinton and Elizabeth Warren, who have publicly endorsed her candidacy.
Ms. Bailey said earlier this week that the Harris campaign was in talks with her camp about speaking at the Bitcoin Conference, the world's largest bitcoin conference organized by Bitcoin Inc. Her camp has also reached out to billionaire Mark Cuban to speak about #cryptocurrencies .
a new report from Bailey revealed that Harris will not be speaking at the upcoming Bitcoin Conference 2024. He said that this is not surprising, adding that her absence is indicative of the ongoing tension between the current administration and the crypto community, especially regarding regulatory approaches.
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