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At the TOKEN2049 conference, SkyBridge Capital founder Anthony Scaramucci revealed that US Vice President and Democratic nominee Kamala Harris is working with industry advocates on her crypto policies ahead of the November election.
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On Thursday, Anthony Scaramucci said he is “working” with Kamala Harris to develop the policies of his crypto campaign. The founder of SkyBridge Capital announced at one of the world’s largest crypto events that the Democratic nominee is “heard” by industry supporters.
Scaramucci and other unnamed crypto and Bitcoin lobbyists are said to have been pressuring the US VP to support industry-friendly policies. These talks seemed to be “progressing” and “going in the right direction,” he said at the event.
In addition, industry lobbyists working with Harris “want to prevent” crypto policies from becoming a collective issue, aiming for “crypto in the US to have a bipartisan standard unencumbered by political and tribal conflicts.”
Scaramucci also said that they are working to “distance” the Democratic Party from people like Senator Elizabeth Warren and Gary Gensler, who played a major role in the collapse of the US industry.
The position of the Democratic Alliance member in this field has been much considered since she was nominated. Nevertheless, Harris, whose position has not been disclosed, has been endorsed by several industry figures, including Ripple founder Chris Larsen and Bitcoin mogul Mark Cuban.
Who Is The Crypto Industry’s ‘Favorite’?
At the TOKEN2049 panel, Scaramucci also commented on his feelings for former US president Donald Trump. He applauded the Republican candidate for understanding the importance of the industry, saying he had changed the situation before the election:
Regardless of my feelings about President Trump, I applaud him for understanding how important this industry is to the United States, and I think ironically, he’s pulling Democrats into a position to focus on regulation.
Trump’s stance has prompted the Biden-Harris administration to take a more pro-industry approach in the past few months. In a recent interview with CNBC, the founder of Cardano, Charles Hoskinson, also suggested that Trump may be the favorite option from a crypto perspective.
For him, the Republican candidate is a clear favorite of the industry as he has openly embraced the sector, even launching a DeFi project. The community also launched several Trump-inspired memecoins during his campaign, leading the PolitiFi token sector.
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Since the presidential debate on September 10, the US VP has challenged the chances of a Republican victory. Prediction markets like Polymarket show that Harris’s odds of winning exceed Trump’s by 3%, at 51%.
However, Hoskinson believes that regardless of who wins the election, the world will continue to move towards crypto. “The world, even outside of America, is accepting cryptocurrency,” he said.
As of this writing, Bitcoin, the largest cryptocurrency by market capitalization, is trading at $63,480, an 8% increase from last week.
Featured image from Unsplash.com, Chart from TradingView.com