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Former BitMEX CEO Arthur Hayes closed his Bitcoin short position and predicted that US Treasury Secretary Janet Yellen will print more money to support markets, [...]
Bitcoin could soar to $90,000 if Republican candidate Donald Trump becomes US president after November’s elections, but slump to $30,000 if Democrat Kamala Harris is [...]
Paris may have sent off the Olympic games in style at Sunday’s Paralympics closing ceremony, but over in Web3, Olympics-themed The Meme Games token ($MGMES) [...]
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Update - Yesterday (Sept 8th): The Harris campaign released an outline of what her administration's key issues would be, which included some of the nation's hot topics, and touched on many smaller niche issues as well.
But even with such a wide range of topics, somehow, not one of them was Cryptocurrency, which managed to go completely unmentioned.
The original article is below:
The Biden administration has often been criticized as 'anti-crypto' due to a consistent lack of understanding of the industry's fundamentals. However, one of Kamala Harriss advisors suggests that the current Vice President and Presidential nominee might take a different approach, supporting more pro-crypto policies.
While this news is intriguing, it's wise to remain cautious. The source of this information is Brian Nelson, a key policy adviser for Harris, who recently indicated that she would back measures favorable to the crypto industry.
However, it's important to remember that this is coming from an advisor...
Not a spokesperson, or Kamala herself. Harris has yet to publicly address her views on digital assets, and the Democratic Party's platform does not mention crypto. An advisors role is to suggest policies, and until Harris publicly endorses these views, nothing is official. This also means that if the stance doesn't materialize, it wouldn't be seen as a broken campaign promise.
For the crypto community to take this seriously, Kamala Harris needs to make a clear statement on her stance regarding digital assets.
According to Bloomberg, Brian Nelson shared during a roundtable at the Democratic National Convention that Harris plans to support policies that would enable the growth of emerging technologies like crypto. This marks the first public insight into how Harris might approach digital assets as a Presidential candidate. Previously, Harris's campaign had engaged with crypto leaders who expressed concerns about the Biden-Harris administrations perceived hostility toward the industry.
In contrast, former President Donald Trump has fully embraced crypto. In July, he delivered a prominent speech at Bitcoin Nashville, promising to make the U.S. the crypto capital of the planet.
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Author: Oliver Redding
Seattle Newsdesk /
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