Kamala Harris Teams Up with Scaramucci to Shape U.S. Crypto Regulation Ahead of 2024

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In the ongoing race of the US presidential election 2024, every move counts, and this one could be a game-changer! Anthony Scaramucci, founder of SkyBridge Capital, has revealed that he’s teaming up with a group of crypto advocates to help U.S. Vice President Kamala Harris craft her digital asset policies as she gears up for November Election. Could this shift signal a new era for crypto in American politics?

Kamala Pro-Active Stance Towards Crypto

Speaking at the TOKEN2049 conference, one of the largest crypto events in the world, Scaramucci explained that they aim to distance the Democratic Party from figures like Senator Elizabeth Warren and SEC Chair Gary Gensler, who are often viewed as opponents of the crypto industry. 

Scaramucci praised Vice President Kamala Harris for her openness to listening to crypto advocates. He expressed optimism about the potential for pushing industry-friendly policies, noting that Harris has scheduled discussions on these important topics for the week ahead, suggesting that progress is being made.

Although the Harris campaign has not yet responded to requests for comment, there seems to be a possible shift in the party’s approach to cryptocurrency, suggesting a friendlier attitude as the industry grows.

Bipartisan Crypto Policies

Meanwhile, Scaramucci previously had a brief and rocky relationship with former President Donald Trump, but he recognized Trump’s strong support for crypto in recent months. 

“No matter how I feel about President Trump, I commend him for understanding how important this industry is for the United States,.” He noted that Trump’s recent actions could encourage the Democratic Party to take a more balanced approach to crypto regulation.

At the same time, Mike Belshe, CEO of BitGo, pointed out that while Trump has clearly shown his support for crypto, Harris has not yet made her stance clear. This raises questions about her commitment to the industry.

Kamala Leading The Election Race

Meanwhile, current polymarket polling data shows that Harris has a slight edge over Trump, with a 51% chance of winning compared to Trump’s 48%. This political landscape, along with growing support from the crypto community, underscores a crucial moment for digital assets in American politics.

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