Sign Up on MEXCCrypto vs SEC: Is Kamala Harris Going To Fire Gary Gensler?
Cryptocurrency has become an industry of trillions in just a few years, with continuous support from investors. However, almost every nation, including the United States of America, lacks proper crypto regulations or efforts to support this technology. Talking of which, Gary Gensler, the SEC Chair, has been known as a crypto critic for slowing down the regulations and advancement of the industry. But now, as investors unite for the crypto vs SEC battle, Kamala Harris might be threatened to fire the SEC Chair.
Don’t Vote For Kamala Harris Unless She Fires Gary Gensler
Tyler Winklevoss, the co-founder of one of the popular cryptocurrency exchanges, Gemini, has pleaded with the crypto users to unite and not vote for Kamala Harris unless she fires the SEC Chair. Through an X post on August 16, the Gemini Co-founder talked about how 50 Million US citizens invest in cryptocurrency and how they should unite against Harris to make her fire Gary Gensler or lose the crypto voters. He has called all crypto enthusiasts to come together to eradicate this barrier first before moving to other challenges.
50 million people in America own crypto. If all 50 million made it clear to Harris that she wouldn’t get their vote unless she fired @GaryGensler and ended the war on crypto before November 5th, the war would end and crypto would become bipartisan overnight. That’s the game…
— Tyler Winklevoss (@tyler) August 16, 2024
With this, Winklevoss is looking to end the crypto war that has been going on for long. He has also provided a timeline for the vice president to end this crypto war before November 5.
Will Kamala Harris Fire Gary Gensler?
Kamala has presented many controversial speeches not only on crypto but on many unrelated topics. Because of this, voters and industry leaders, including Elon Musk, have judged Kamala on her decisions, including her recent patent plan, questioning the future of America.
The consequence of such instances indicates the possibility of Donald Trump winning the odds against Kamala as he has become a pro-crypto enthusiast. More importantly, during the Blockchain conference, Donald Trump assured to tackle the biggest issue for crypto investors, which will happen by firing Gensler. With that Trump has openly promised to fire Gary on the first day of his presidency. As a result, he has gained huge support from the crypto community.
Regardless, the opposition is also attempting to gather crypto users towards them. However, with the failure of the Crypto For Harris Townhall Meeting, the vice president’s failure to reach the crypto investors is also clear.
With this, the chances of Kamala Harris firing the SEC chair are slightly there as she failed to gain investors’ attention. However, it is also difficult to predict her take on this condition as she aligns with the same thoughts on crypto as Gary. Her disinterest in this industry also becomes transparent with her silence on the US government moving 10,000 Silk Road Bitcoin to the coinbase exchange.
Moreover, Gensler has already announced his retirement earlier so the outcomes would be much different whether Kamala fires him or not.
How Are Crypto Users Reacting To Harris?
Gemini’s Co-founder post has gained thousands of views and hundreds of comments, with major crypto users disagreeing to vote for her whether she fires Gary or not. Some have revealed they do not agree with any of her policies, whereas some worry that the firing would not have any impact as he will get hired for the Treasury Secretary position, which is equally bad.
Some have asked for this to happen right now, with some calling for Trump’s presidency again, indicating the poor image of Harris among investors.
Final Thoughts
Gary Gensler has ruined his image among crypto users because of his continuous harsh decisions. This has put it in a position where the people are looking for his retirement to put an end to crypto vs SEC. More importantly, Gemini co-founder has also asked the crypto investors to unite to appeal to Kamala, the US vice president, to fire Gary to get users’ votes. Now, the question is whether she will agree or not, especially when she is not the biggest fan of the industry.
- Cathie Wood’s Ark Invest Backs Nasdaq-Listed Solmate To Launch $300M Solana Treasury
- First U.S. Spot Dogecoin and XRP ETFs Launch as REX-Osprey Debuts DOJE and XRPR
- Analyst Calls $6 XRP Target for November Amid Ripple CEO’s White House Stockpile Hint
- Ethereum Faces Selloff Risks As Whales’ Unrealized Profit Hits 2021 Highs
- Expert Predicts 138% Shiba Inu Rally as SHIB Futures Listing Opens Spot ETF Path
- Cardano Price Stays Above Ichimoku Cloud as Grayscale ADA ETF Approval Nears
- HBAR Price Prediction as SEC Approves Generic ETF Framework – Analyst Targets $1.80
- Toshi Coin Gains 57% in One Day: What’s Driving the Sudden Upside?
- Shiba Inu Price Set to Soar as Exchange Reserves Dive Amid SHIB ETF Chatter
- Pepe Coin Price Prediction as Whale Moves $25M From Robinhood- Is a Breakout to $0.00002 Next?
- XRP Price Prediction as Market Longs Hit 78% amid VivoPower Treasury Expansion Launch — Is $4 Next?
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.
