New Evidence Suggests VP Harris Could Escalate Biden’s Crypto Crackdown, Expert Warns
Summary
New evidence suggests a potential Kamala Harris presidency could lead to stricter crypto regulations. Harris has brought on anti-crypto figures from the current administration as advisors, indicating a continued crackdown. Reports also reveal support for raising corporate tax rates and taxing wealthy crypto holders. This coordination between the White House, Federal Reserve, and congressional Democrats signals a stringent approach to crypto regulation. Thorn advocates for a recalibration of Harris’s economic advisory team to include blockchain technology champions. If figures like Deese and Ramamurti lead economic policy in a Harris/Walz administration, it's unlikely the administration will soften its stance on crypto.
