Kamala Harris Pro-Crypto Claims Under Fire As Cardano’s Charles Hoskinson Says Industry Has ‘’Zero Trust’’

A Kamala Harris adviser mentioned the vice chairman would again insurance policies to assist the expansion of the crypto trade if she wins November’s election, however the feedback had been slammed by trade leaders, together with Cardano CEO Charles Hoskinson.

 “We’d like particular, tangible actions,” Hoskinson mentioned in an Aug. 21 submit on X. “No particular coverage or proposal. Simply discuss. Will Gary be fired? What laws do you assist? What government actions shall be issued? I’m sorry there’s ZERO belief.” 

Harris To Help Rising Applied sciences

“She’s going to assist insurance policies that be sure that rising applied sciences and that kind of trade can proceed to develop,” mentioned Brian Nelson, a senior marketing campaign advisor on coverage to Kamala Harris, at a roundtable occasion hosted on the Democratic Nationwide Conference in Chicago, in keeping with an Aug. 21 report by Bloomberg.

Nate Geraci, the president of the ETF Retailer, additionally was essential of Nelson’s feedback.

“Actions converse louder than phrases,” he mentioned on X. The present administration, of which Harris is part, “is decidedly anti-crypto,” he added.

My tackle that is quite simple…

Actions converse louder than phrases.

Present admin, of which Harris is part, is decidedly anti-crypto.

There’s at all times stability b/w innovation & regulation.

Focus has been solely on regulation.

Have to display embracing innovation.

Actions. pic.twitter.com/Q1xkr0a8yL

— Nate Geraci (@NateGeraci) August 22, 2024

Geraci mentioned that there needs to be a stability between innovation and regulation, and that the present administration has centered “solely on regulation.”

He desires Harris’s marketing campaign to display that it’s actively embracing innovation.

Kamala Harris Loses Help Of Polymarket Bettors

Harris is shedding the assist of bettors on the decentralized platform Polymarket.

After constructing a lead over her political rival Donald Trump, bettors have diminished her odds of taking the White Home by 8%.

Polymarket odds of a Trump victory presently stand at 53 cents, indicating a 53% likelihood. In the meantime, Harris’s odds stand at 46%. 

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