Vivek Ramaswamy Predicts Kamala Harris Will Embrace Pro-Crypto Space
Former 2024 presidential candidate Vivek Ramaswamy appeared on CNBC on August 13, asking if he thought presidential candidate Kamala Harris would embrace the crypto industry.
Ramaswamy responded by saying that he believes former President Donald Trump's “talk” to the crypto industry will change with crypto becoming a campaign issue in an attempt to gain votes from the crypto community.
Vice President Harris, a former Republican candidate for president, said her sincerity in pro-crypto positions should be determined by her policy stance on critical issues such as self-reliance and the Securities and Exchange Commission. Ramaswamy told CNBC:
“I'm asking Kamala Harris not to just quote gods and words – go into the details, say what you believe about holding back assets. Say what you really believe about whether you think Gary Gensler should stay on as head of the SEC.
Ramaswamy ultimately concluded that crypto should not be a partisan issue and that any examples of thoughtful crypto policy positions from Harris would greatly benefit the country and the “marketplace of ideas.”
Related: Will Harris-Waltz presidential campaign prioritize crypto policy?
Harris's crypto “reboot” campaign is under intense scrutiny.
A recent regulatory enforcement action from the United States Federal Reserve against Consumer Bank, a crypto-friendly banking institution, has sparked outrage in the Harris campaign, with prominent members of the crypto industry questioning the sincerity of the crypto “reset.” “
Gemini co-founder Tyler Winklevoss took the initiative as Operation Chocpon 2.0, a reference to the crypto industry's systematic attempts to cut itself off from traditional banking, and it's still in full swing.
The Trump campaign is using cryptocurrency as a special policy initiative
Although the prediction markets are currently showing a swing between Harris and Trump, the lack of specific policy positions on digital asset control may hurt Harris' chances with crypto voters in a single issue in November.
On the contrary, the Trump campaign managed to raise the issue by speaking at the Bitcoin 2024 conference in Nashville, Tennessee. The former president continued his pro-crypto rhetoric in various media appearances, discussing potential policies such as paying off the US national debt with Bitcoin (BTC) and warning the Biden administration against selling US bitcoin holdings.
Magazine: Crypto Regulation: Does SEC Chairman Gary Gensler Have Final Comments?
