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#VivekRamaswamy predicts
#kamalaHarris may adopt pro-crypto position
On August 13, former 2024 presidential candidate Vivek Ramaswamy appeared on CNBC, where he discussed Vice President Kamala Harris's potential stance on the crypto industry. Ramaswamy suggested that Harris might shift her rhetoric to appeal to the crypto community now that former President Donald Trump has made crypto a campaign issue.
Ramaswamy questioned Harris's sincerity about crypto, emphasizing that her true stance should be judged based on detailed policy positions on key issues such as self-custody of assets and leadership at the Securities and Exchange Commission (SEC). He challenged her to provide clear, specific views on these matters rather than offering general statements:
“I challenge Kamala Harris to not just cite the pieties and the words—go into detail, say what you actually believe about self-custody of assets. Say what you actually believe about whether you think Gary Gensler should continue as the leader of the SEC.”
Ramaswamy concluded that crypto should be a nonpartisan issue and that any well-considered crypto policy from Harris would benefit the country & the “marketplace of ideas,” even if he disagreed with the policies proposed.
Harris Campaign’s Crypto “Reset” Under Scrutiny
- Recent regulatory actions by the Federal Reserve against crypto-friendly Customers Bank have fueled skepticism about Harris's crypto policy shift. Critics, including Gemini co-founder Tyler Winklevoss, see these moves as part of ongoing efforts to isolate the crypto industry from traditional banking, known as Operation Chokepoint 2.0.
Trump Campaign Leverages Crypto Through Specific Policy Initiatives
- Prediction markets indicate a tight race between Harris & Trump, with Trump gaining an edge by directly addressing crypto issues. His campaign has spoken at the Bitcoin 2024 conference & maintains pro-crypto rhetoric, proposing policies like using Bitcoin to pay off the national debt & advising against selling US Bitcoin holdings.
Source - cointelegraph.com