As the U.S. presidential election draws closer, the latest data from the popular on-chain prediction market Polymarket shows that U.S. Vice President Kamala Harris, who represents the Democratic Party vying for the White House, has soared from 33% in the early days to 54% at the time of writing. %, far surpassing his opponent Trump’s 44%.
As Jinli Harris maintains the lead in many polls, the crypto has also begun to focus on Jinli Jinli's stance on cryptocurrency. Although Jinli Harris herself has not publicly commented on cryptocurrency or blockchain technology, many industry experts have recently analyzed that Jinli Harris may continue to follow Biden's lead. The way the government is cracking down on the crypto industry.
Web3 Industry Doubts Harris Will Not Support Cryptocurrencies
Fox Business reporter Eleanor Terrett broke the news today (16) that the Democrats’ “Crypto For Harris” virtual town hall meeting held on Wednesday night failed to convince digital asset industry players that she would be more interested in the encryption industry than her opponent in the White House. Generally more beneficial.
Eleanor Terrett said that she received more than 100 comments from cryptocurrency enthusiasts who listened to the live broadcast on the statement.
The main reason for these people's dissatisfaction is that Harris and her campaign team members did not attend the event. More importantly, she has not publicly stated her views on cryptocurrency so far. This makes them doubt whether she will give up following the Biden administration's regulatory crackdown on the encryption industry after winning the election, or whether she can publicly promise like her opponent Trump that she will remove U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler after taking office.
Austin Campbell, founder of cryptocurrency consulting firm Zero Knowledge, commented:
“The key is that Harris must clarify her position and the actions she will take on this issue. If we cannot get a clear statement, it may be assumed that it will lead to more SEC disasters and Operation Chokepoint 2.0 against Crypto.”
Democratic Senate Leader Schumer: Pass encryption legislation before the end of the year
The virtual meeting, which aimed to bring Harris closer to the crypto industry, was attended by U.S. Senate Democratic leader Chuck Schumer and several Democratic senators, as well as billionaire Mark Cuban, who briefly Show up.
It is worth noting that Schumer announced in a prepared speech that he will push for encryption legislation to be passed in the Senate and become law before the end of the year. Schumer said that cryptocurrency "will stay no matter what" and that the United States should promote innovation and provide Striking a balance between common sense guardrails for cryptocurrencies, if no action is taken, there is a risk that cryptocurrencies will flow overseas and enter countries with severe lack of regulation.
Mark Cuban, who recently said that Harris' advisory team asked him a number of cryptocurrency issues and suggested that Harris might be more supportive of cryptocurrency development than Biden, criticized Republicans at the meeting for "not caring at all" about cryptocurrency technology and just wanting to " See Bitcoin prices getting higher".
Extended reading: Mark Cuban: Harris asked me a bunch of "cryptocurrency" questions and will be more open to Web3 than Biden
The U.S. crypto industry still leans toward Trump
Regarding the Crypto4Harris event, Tyler Winklevoss, the twin brother who previously publicly supported Trump’s Gemini exchange founder , severely criticized on Twitter : “Pre-recorded video, reading script. Harris did not attend her event. What a clown show. "And his brother, Cameron Winklevoss, quipped that some of the scheduled speakers didn't even show up.
Former Messari CEO Ryan Selkis, who resigned after making extreme remarks in support of Trump, slammed the event as poor, saying, "In the hour-long nonsense, not a single speaker had anything substantive to say."
Harris is expected to announce her economic policies on August 16, and the community is paying close attention to whether she will express her stance on Bitcoin or cryptocurrencies. However, Fred Thiel, CEO of the US-listed Bitcoin mining giant Marathon Digital (MARA), estimates She would not mention Bitcoin, and revealed that he and other bank members had proactively contacted members of Harris' team many times to express their willingness to discuss the importance of Bitcoin, but had not received any response so far, so it was speculated that Harris' team was interested in U.S. Bitcoin mining is not interested, so they are currently considering accelerating the move of operations overseas.
Extended reading: He Jinli does not give up the demands of Bitcoin mining companies, Marathon CEO: Consider accelerating the withdrawal from the United States
