Analysis: Harris will continue the Biden administration's strict regulatory policy on cryptocurrency

2024-08-13 22:54:25
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ChainCatcher news, Galaxy Research's research director Alex Thorn posted on X platform analyzing Vice President Harris's stance on cryptocurrency, indicating that her choice of advisory team suggests she will continue to enforce the Biden administration's strict regulatory policies on cryptocurrencies.

Harris collaborates with key anti-cryptocurrency officials such as Brian Deese and Bharat Ramamurti, both of whom were pivotal figures in promoting cryptocurrency regulation within the Biden administration. Deese previously published an article on the White House website emphasizing the risks of cryptocurrencies, while Ramamurti is regarded as the White House's top cryptocurrency critic. Their involvement implies that the Harris administration is unlikely to soften its stance on cryptocurrency policy and will continue to support stringent regulatory measures to protect consumers and the safety of the financial system.

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