Crypto Stances of U.S. Presidential Candidates
A recent policy scorecard by Galaxy Research reveals that Vice President Kamala Harris may adopt a more supportive stance on cryptocurrency than President Joe Biden. While former President Donald Trump is seen as the most favorable candidate for crypto, Harris’s policy stance offers potential advantages, especially in areas like financial innovation and inclusion, according to Galaxy’s Head of Research, Alex Thorn.
Harris’s Emerging Support for Digital Assets
Harris has outlined a regulatory framework to protect crypto investors, specifically targeting Black male voters, a demographic her campaign recently addressed. Her proposed approach emphasizes safer investment opportunities within the digital assets space, a shift from Biden’s policies, which have often leaned toward strict enforcement.
Trump’s Pro-Crypto Platform
Donald Trump, known for his pro-Bitcoin mining and deregulation initiatives, has pushed his agenda further with the launch of World Liberty Financial, a decentralized finance project. Trump’s platform contrasts Biden’s perceived anti-crypto stance, which critics argue has stifled industry innovation. Thorn believes that Harris’s approach, while not as aggressive as Trump’s, could still improve the regulatory landscape for crypto.
Source:
Decrypt
