Kamala Harris is still trying to win over the crypto crowd. Her campaign has confirmed that she plans to support policies aimed at helping the crypto industry grow.
Brian Nelson, a top policy adviser for Kamala’ campaign, spilled the beans during a Bloomberg News roundtable at the Democratic National Convention, saying that Kamala is all about making sure emerging technologies like crypto can keep expanding.
Nelson’s words?
“She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow.”
Meanwhile, Trump’s camp is already deep in the crypto game. Despite once calling crypto a scam, Trump now holds over $1 million in crypto and is singing a different tune.
He’s pitching himself as the guy who’ll cut through government red tape and let the crypto world breathe.
Trump has even promised to fire SEC Chair Gary Gensler if he’s back in office and replace him with someone more crypto-friendly. He’s also talking about setting up a crypto industry advisory council and creating a framework for stablecoins.
This change has won Trump some major supporters in the crypto industry. The Winklevoss twins have even thrown their support behind a pro-Trump group.
They’re backing him because they believe he’ll lighten the regulatory load on the industry, something they see as essential for growth.
But Kamala isn’t just going to sit back and let Trump take all the crypto votes. Nelson said that she believes there is the need for “stable rules” to keep things in check.
