During the TOKEN2049 conference, Anthony Scaramucci, founder of SkyBridge Capital, disclosed that US Vice President and Democratic candidate Kamala Harris is collaborating with industry advocates on her cryptocurrency policies ahead of the November elections.
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On Thursday, Anthony Scaramucci claimed to be “collaborating” with Kamala Harris to formulate her campaign’s cryptocurrency policies. The founder of SkyBridge Capital made this announcement at one of the most prominent crypto events in the world, stating that the Democratic nominee has been “listening to” industry proponents.
Scaramucci and other unnamed advocates from the crypto and Bitcoin sectors are reportedly encouraging the US VP to endorse policies that favor the industry. He remarked at the event that these discussions have been “yielding results” and “heading in the right direction.”
Furthermore, the advocates working with Harris “aim to ensure” that crypto policies do not become a partisan issue, striving for “crypto in the U.S. to maintain a bipartisan standard devoid of political and tribal conflicts.”
Scaramucci also mentioned that they are trying to “distance” the Democratic Party from figures such as Senator Elizabeth Warren and Gary Gensler, who have played significant roles in the US’s regulation of the industry.
Harris’s position on the cryptocurrency sector has been the subject of much speculation since her nomination. Nevertheless, Harris, who has not publicly clarified her stance, has received endorsements from several industry leaders, including Chris Larsen, co-founder of Ripple, and Bitcoin advocate Mark Cuban.
Who Is The Crypto Industry’s ‘Preferred’ Candidate?
At the TOKEN2049 panel, Scaramucci also shared his thoughts on former US president Donald Trump. He praised the Republican candidate for recognizing the significance of the industry, asserting that he has influenced the regulatory landscape ahead of the elections:
Regardless of my sentiments about President Trump, I commend him for understanding how vital this industry is for the United States, and I believe ironically, he’s guiding the Democrats towards a more centrist view on regulation.
Trump’s position has nudged the Biden-Harris administration towards a more industry-friendly stance in recent months. In a recent interview with CNBC, Cardano’s founder, Charles Hoskinson, also noted that Trump might be the favored option from a crypto standpoint.
According to him, the Republican candidate stands out as the clear industry favorite, having openly welcomed the sector, even launching a DeFi project. The community has also seen the emergence of various Trump-themed memecoins throughout his campaign, which have dominated the PolitiFi token landscape.
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Since the presidential debate on September 10, the US VP has questioned the Republican candidate’s likelihood of success. Prediction markets like Polymarket indicate that Harris’s chances of winning exceed Trump’s by 3%, with a 51% probability in her favor.
Nonetheless, Hoskinson believes that irrespective of the election outcome, the global trend toward cryptocurrency adoption will continue. “The world, with or without America, is embracing cryptocurrencies,” he remarked.
As of this moment, Bitcoin, the leading cryptocurrency by market capitalization, is valued at $63,480, reflecting an 8% increase over the past week.
Featured Image from Unsplash.com, Chart from TradingView.com
