Bitrabo Editorial
The upcoming US elections have put a spotlight on the crypto industry and the need for clearer regulations. With Vice President Kamala Harris becoming the Democratic party’s primary nominee after Biden’s withdrawal, there are questions about her approach to the crypto sector for her campaign.
US senator Bill Hagerty has raised concerns about VP Harris’ undisclosed strategy, particularly questioning whether it is influenced by past anti-crypto policies.
Evaluation of Harris’ Strategy
Senator Hagerty expressed skepticism about VP Harris’ sudden pivot to a pro-crypto stance, attributing it to Donald Trump’s recent success in the crypto community. He criticized Harris’ approach, suggesting that it may be hindered by the administration’s past anti-crypto policies.
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The senator questioned the credibility of Harris’ “crypto reset” and mocked her slogan of looking forward while being burdened by past actions.
He highlighted the Biden-Harris administration’s history of anti-crypto policies, which have been a point of contention within the industry. However, there seems to be a shift in approach following increased pressure and Trump’s recent crypto-friendly stance.
GOP’s Stance on Crypto
Senator Hagerty suggested that the crypto community sees through Harris’ campaign tactics and highlighted the Republican Party’s growing association with crypto-friendly policies.
Industry figures like Cameron Winklevoss cautioned against Harris’ alleged attempts to align with the crypto sector without concrete actions to support her claims.
Despite criticisms, some believe that both parties should embrace crypto, emphasizing the industry’s non-partisan nature and resilience regardless of political affiliations.