Share

Anthony Scaramucci Teams Up with Kamala Harris to Shape Crypto Policies

Scaramucci revealed that Harris has several meetings with crypto proponents this week.
Chris Lion
Author
About Author
Author
Last updated:
21 September 2024 @ 15:19 UTC
Why Trust CTW

CTW is a fresh voice in the world of cryptocurrency, offering clear and insightful coverage of the ever-evolving digital asset landscape. Backed by a team of passionate writers and crypto enthusiasts, we dive deep into market trends, emerging technologies, and innovative blockchain projects. We hope to become your go-to source for up-to-date information in this fast-paced industry.

Harris

Share

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, has announced that Democratic presidential candidate Kamala Harris is crafting her crypto policies for her campaign.

Scaramucci, who briefly served as the White House Communications Director in 2017, noted that he and a group of crypto advocates alongside Harris are preparing ahead of the upcoming election in November.

Harris to Distance From Warren and Gensler

At the world’s largest Web3 event, TOKEN2049, which had approximately 20,000 attendees, including Vitalik Buterin, the co-founder of Ethereum, and over 800 side events, Scaramucci noted that Vice President Harris and her crypto advocates are collaborating to steer the Democratic Party away from the influence of Senator Elizabeth Warren and U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler.

Warren, a Democratic senator, and Gensler are usually seen as enemies of the crypto industry, having backed regulations and crackdowns on the space.

Scaramucci also revealed that Harris has several meetings lined up with crypto proponents this week.

He further noted that crypto insiders, including those collaborating with Harris, aim to keep the industry policies, preventing them from becoming divisive.

“I believe that we are making progress, and I think it’s going in the right direction. We want crypto in the U.S. to have a bipartisan standard unstrained from political and tribal conflicts,” Scaramucci said.  

U.S. Presidential Candidates Compete for Crypto Voters

As presidential candidates prepare for the forthcoming election, Harris is not the only candidate with plans for the crypto industry. Donald Trump, the former U.S. president and the Republican candidate, has also shown significant support for the crypto sector. 

In July, during the Bitcoin Conference in Nashville, Trump promised to ensure that the federal government never sells its bitcoin holdings and teased a plan to make the U.S. a “crypto capital of the planet.” 

As part of his strategy, Trump revealed plans to make America the world’s Bitcoin capital.  He also promised to utilize Bitcoin as a strategic reserve, showcasing his commitment to crypto assets.  

Earlier this month, Trump launched a new project called World Liberty Financial. The platform aims to boost stablecoin adoption and promote decentralized finance (DeFi) technology in the U.S.

Chris Lion

Author
Data analyst cum crypto writer.

Enter your email for our Free Daily Newsletter.

Newsletter Subscribers (Home Footer}