Breaking: Anthony Scaramucci Says Kamala Harris Developing Crypto Policies
Highlights
- Anthony Scaramucci said Kamala Harris is developing her campaign's crypto policies.
- Democratic Party may distance away from Elizabeth Warren and Gary Gensler.
- Crypto community remains skeptic on crypto-friendly policies from Harris.
SkyBridge Capital founder Anthony Scaramucci on Friday revealed that Democrat presidential candidate Kamala Harris is developing her campaign’s crypto policies. Scaramucci and a group of crypto advocates working with Harris assisting with the release ahead of the elections in November.
Kamala Harris to Distance From Warren and Gensler: Anthony Scaramucci
SkyBridge Capital founder Anthony Scaramucci, said crypto advocates are working with Vice President Kamala Harris to develop her crypto industry-friendly policies, CNBC reported on September 20.
Scaramucci revealed that crypto advocates are even working to distance the Democratic Party away from Elizabeth Warren and Gary Gensler, ending their anti-crypto crusade. Warren and Gensler led crackdowns and regulation by enforcement against the crypto industry during Operation Choke Point 2.0.
“There’s a group of cryptocurrency advocates, bitcoin advocates etc. that are working alongside her to distance the Democratic Party away from Elizabeth Warren and Gary Gensler.”
He added that Harris has crypto-related talks lined up for this week to hear from crypto advocates. Top American businesspeople are endorsing Harris including Ripple Executive Chairman Chris Larsen. Anthony Scaramucci asserts the efforts have made progress in the right direction.
Trump has turned pro-Bitcoin in this crypto-focused elections, with the Trump family launching a new crypto project World Liberty Financial this week.
Crypto Community Doubts Crypto-Friendly Policies
Polymarket data indicates Harris is currently leading Trump amid a tough fight between both candidates. Harris has 51% odds of win against 48% odds for Trump after the recent campaign in swing states and polls.
Crypto community believes Democratic leaders’ political bias toward crypto was visible during the crypto legislation hearing recently. A memo circulated in Congress shows how Democrats largely consider crypto a partisan innovation. Democrat leaders believe FIT 21 and SAB 121 repeal are moves are “particularly harmful pieces of legislation” and the work of “extreme MAGA Republicans.”
Anthony Scaramucci shared his bullish remarks on Bitcoin with the crypto community. The hedge fund manager anticipated a record-high $100K year-end target for Bitcoin. This bullish projection came after the 50 bps Fed rate cut and ongoing presidential elections.
- Rising Demand for Verifiable Crypto Ownership Drives Launch of Trezor Safe 7
- Robinhood Lists Binance Coin as BNB Outperforms BTC, ETH, SOL YTD By Over 30%
- Bitget Partners With Google Developer Group On Hackathon To Support AI Innovation
- Can Cardano Save Kadena? Hoskinson Reaches Out After KDA Token Plunges 60% Amid Shutdown
- Analyst Turn Bullish with $400 SOL Target as Hong Kong Approves First-Ever Solana ETF in Asia
- XRP Price Classical Pattern Points to a Rebound as XRPR ETF Hits $100M Milestone
- Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK
- Pi Network Price Wedge Signals a Rebound as Key Upgrades Raise Utility Hopes
- Solana Price Eyes $240 Recovery as Gemini Launches SOL-Reward Credit Card
- XRP Price Prediction Amid Evernorth’s $1B XRP Treasury Plan – Can XRP Hit $5?
- Ethereum Price Targets $8K Amid John Bollinger’s ‘W’ Bottom Signal and VanEck Staked ETF Filing
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
