Kamala Harris Attempt to Reset Crypto Policy Fails Town Hall Mocked as “Clown Show”
The recent virtual town hall organized by the “Crypto For Harris” campaign aimed to secure support for Kamala Harris from the digital asset industry. The 90-minute event, attended by prominent Democratic lawmakers and tech billionaire Mark Cuban, faced criticism for not featuring Kamala Harris or any of her campaign staff. This absence was particularly noted as a significant issue by attendees keen to hear her views on crypto.
Kamala Harris Critics
Critics within the crypto industry expressed disappointment in the lack of clear policy direction from Harris, especially given the perceived hostility toward the industry from the current administration. The event drew over 1,000 live viewers and received mixed reactions. Some attendees praised parts of the town hall as a step towards making crypto a bipartisan issue, while others were less impressed.
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Criticism was also directed at the lack of discussion on the regulatory challenges facing the crypto industry, including the actions of Securities and Exchange Commission (SEC) Chair Gary Gensler. Some industry figures expressed concern about potential future regulatory measures under a Harris administration.
The Winklevoss twins, founders of the Gemini crypto exchange, labeled the event a “clown show” and expressed disapproval of Kamala Harris. Former Messari CEO Ryan Selkis publicly criticized the event, labeling it as “pathetic” and criticizing the lack of substantive discussion.
Final Thought
Overall, while some positive moments were noted, such as Chuck Schumer’s commitment to pushing for sensible crypto legislation, the general sentiment was one of skepticism. Many attendees and industry leaders felt that the event failed to address their concerns and provide insight into Kamala Harris’s position and potential actions regarding the crypto industry.
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Kayode Michael is a seasoned cryptocurrency analyst, successful trader, and skilled writer with a strong command of cryptocurrency analysis and price action. He leverages his technical analysis skills to provide valuable insights into emerging market trends and potential opportunities for investors to make informed decisions.