The outcome of the U.S. presidential election and its implications for the crypto industry got more uncertain this week after Vice President Kamala Harris entered the race following President Joe Biden's exit.
Many are now wondering what a Harris administration could mean for crypto – especially following years of an anti-crypto crusade led by Biden-appointed SEC Chair Gary Gensler and Sen. Elizabeth Warren, D-Mass.
On Tuesday, a day after Harris launched her campaign, billionaire Mark Cuban said her advisors had begun reaching out to him about crypto policy .
Bitcoin, the largest cryptocurrency, had recently seen a boost as Trump incorporated crypto into his platform.
The crypto industry sees itself as nonpartisan, and in recent weeks has bipartisan support for crypto in Congress has been growing.
Persons:
Kamala Harris, Joe Biden's, Donald Trump, —, Harris, Biden, Gary Gensler, Sen, Elizabeth Warren, Harris doesn't, they've, …, Kristin Smith, Devin Ryan, Mark Cuban, Trump, JMP's Ryan, that's, Ryan, Smith, Nancy Pelosi, Adam Schiff, it's
Organizations:
U.S, Republican, SEC, Democratic, Democratic Party, Blockchain Association, JMP Securities, Trump, BTC, SAB, Innovation, Technology, Futures Trading Commission
Locations:
Nashville, bitcoin, California