• Democratic nominee Kamala Harris has made her first remarks on crypto to donors in NYC during a fundraising dinner.
  • Prediction market Polymarket is giving Harris a significant lead over Donald Trump with over $980 million bet on the platform.
  • Uniswap’s Hayden Adams endorsed Harris’ remarks in a thread on X.

As a seasoned researcher with a keen interest in politics and technology, I find myself intrigued by the recent developments in the crypto sphere and their implications for the upcoming presidential election. The remarks made by Vice President Kamala Harris on crypto at a fundraising dinner in New York City suggest a more balanced approach to the industry, which is certainly encouraging. Her emphasis on partnership with innovators and investors while ensuring consumer protection aligns with my belief that progress should be guided by both innovation and regulation.


Reportedly through Bloomberg, Kamala Harris, the Vice President and Democratic candidate, delivered her initial comments about cryptocurrency to a group of donors in New York City.

In essence, Harris plans to unite workers, small businesses, entrepreneurs, and large corporations. Our goal is to strengthen America by collectively pouring resources into its competitive edge and future prospects. We’ll foster groundbreaking technologies such as AI and digital assets while ensuring consumer and investor protection. Our aim is to establish a secure business climate with clear, fair, and transparent regulations.

Uniswap Labs CEO Hayden Adams appeared to endorse Harris following her remarks.

He wrote on X: “Indeed, Biden’s actions towards crypto have been unfavorable, yet actions truly do speak louder than words. Progress, no matter how small, should always be acknowledged and fostered. His administration seems to indicate a shift in approach or increased support for innovation in this area.

In April, Uniswap was issued a Wells Notice, which indicated that the Securities and Exchange Commission might take regulatory action against them.

Following the news that Donald Trump, the Republican candidate, used Bitcoin (BTC) to buy burgers at a cryptocurrency-focused establishment named PubKey in New York City, Harris made his comments.

As a researcher, I am noting that during the political campaign, Donald Trump and his family are advocating for a Decentralized Finance (DeFi) initiative known as World Liberty Financial. In a recent discussion on Rug Radio, a popular cryptocurrency media platform, Trump showcased this project and delved into potential crypto policies.

More recently, Anthony Scaramucci, founder and managing partner of SkyBridge Capital, who previously served as White House communications director under former President Donald Trump, shared that he’s collaborating with the Harris team on creating a cryptocurrency policy. This revelation was made at Token 2049 in Singapore.

Last month, Scaramucci expressed his viewpoint on CoinDeskTV that the Democrats committed an unfortunate blunder in their approach to cryptocurrency regulations, and have generally been ineffective in managing crypto policies.

Currently, Polymarket is giving Harris a 52-47% lead with over $980 million bet on the election.

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2024-09-23 07:19