Kamala Harris Will Be Open-Minded Regarding Crypto?
2024-07-26Bittime - Anthony Scaramucci predicts Kamala Harris will be open to crypto, criticizing the Biden and Trump administrations over digital asset policies. Harris is expected to bring regulatory changes.
Kamala Harris Will Be Open-Minded Regarding Crypto
Anthony Scaramucci, founder of Skybridge Capital, believes that Kamala Harris, US Vice President, has an open mind about crypto assets. He predicted the firing of Securities Exchange (SEC) Chairman Gary Gensler and the ouster of Senator Elizabeth Warren as head of financial services for the Harris administration after criticizing accusations that her administration was overseeing crypto assets.
Skybridge Capital founder Anthony Scaramucci took to social media platform X on Wednesday to address the controversy surrounding Vice President Kamala Harris' decision not to speak at the Bitcoin conference in Nashville, Tennessee. Scaramucci also criticized Trump for his stance on crypto.
Biden and Kamala Harris Get Criticized for Allegedly Insulting Crypto Assets
He slammed the idea that the Biden administration and Kamala Harris disdain crypto assets, pointing out that former President Donald Trump also bought bitcoin as a scam back in 2022. Apart from that, his government's attitude towards digital assets is also controversial.
Scaramucci's Opinion Against Trump's Move
Scaramucci argued that Trump's recent moves toward crypto, driven by the possibility of fundraising and support, were opportunistic. Scaramucci frequently warned against former President Trump's changing stance on crypto during his brief ten-day tenure as the Trump administration's Communications Director.
Conclusion
According to Anthony Scaramucci, founder of Skybridge Capital, in contrast to the current Biden administration policies, which are often seen as detrimental to the crypto industry, Vice President Kamala Harris has an open mind about crypto assets. Scaramucci also criticized the stance of former President Donald Trump, who previously called bitcoin a scam. However, recently, he has shown interest in crypto, which is considered an opportunistic attempt to gain financial and political support. In Scaramucci's view, a Harris administration might be able to improve crypto regulation with the removal of key leaders such as SEC Chairman Gary Gensler and Senator Elizabeth Warren.
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