According to BlockBeats, on August 13, U.S. Vice President Harris aims to maintain the Biden administration's strict stance on cryptocurrency regulation. Harris is reportedly working with two former economic advisers to the Biden administration, Brian Deese and Bharat Ramamurti, who strongly opposed the previous 2023 Payment Stablecoin Clarity Act, believing that the bill was too lenient on issuers.
Alex Thorn, head of research at Galaxy, said Harris' choice of economic advisers may indicate that she intends to continue the Biden administration's hostile approach to crypto regulation: "New evidence suggests Harris will continue to crack down on cryptocurrencies. Her advisory choices suggest she will continue Biden's hostility to cryptocurrencies."
