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Kamala Harris Likely To Appoint Anti-Crypto Treasury Secretary: Report
The post Kamala Harris Likely To Appoint Anti-Crypto Treasury Secretary: Report appeared on BitcoinEthereumNews.com. Vice President Kamala Harris is said to be planning on nominating Wally Adeyemo, an opponent of the cryptocurrency industry, for the Treasury Secretary role should she become president. This possible appointment has raised questions among the crypto enthusiast on how the future of cryptocurrency regulation will be in the United States. Kamala Harris Consideration of Wally Adeyemo Wally Adeyemo who is the current Deputy Treasury Secretary has in the past criticized the crypto industry and has said that it is a danger to the national security given the fact that it can be easily misused. Some of the positions that he has supported are the tough measures to discourage the use of digital assets in criminal activities. As Treasury Secretary, Adeyemo’s position can play a vital role in shaping the future of cryptocurrency regulation within the U. S. and may lead to increased scrutiny of cryptocurrency companies. Hey @mcuban @Scaramucci @ammori: Maybe sit this one out publicly and just vote how the ladies tell you to in private. I didn’t spend 11 years helping build tech that advances civil liberties for the three of you to sell us out to communists for country club points. Thanks! https://t.co/EDvM4AVNDg — Ryan Selkis (d/acc) ???????? (@twobitidiot) August 7, 2024 This action of Kamala Harris sends mixed signals to the public as earlier on there were speculations that her administration would be more favorable to crypto. This has raised the eyebrows of the crypto enthusiasts as they worry that such an appointment may slow down the growth and development of the industry. Democratic Strategy to Align with Crypto Industry Although there is a possibility that the next Treasury Secretary nominated could be against cryptocurrencies, it seems that the Democratic Party is working on rebuilding the relations with the crypto industry. Recently, the party launched…
The post Kamala Harris Likely To Appoint Anti-Crypto Treasury Secretary: Report appeared on BitcoinEthereumNews.com.
Vice President Kamala Harris is said to be planning on nominating Wally Adeyemo, an opponent of the cryptocurrency industry, for the Treasury Secretary role should she become president. This possible appointment has raised questions among the crypto enthusiast on how the future of cryptocurrency regulation will be in the United States. Kamala Harris Consideration of Wally Adeyemo Wally Adeyemo who is the current Deputy Treasury Secretary has in the past criticized the crypto industry and has said that it is a danger to the national security given the fact that it can be easily misused. Some of the positions that he has supported are the tough measures to discourage the use of digital assets in criminal activities. As Treasury Secretary, Adeyemo’s position can play a vital role in shaping the future of cryptocurrency regulation within the U. S. and may lead to increased scrutiny of cryptocurrency companies. Hey @mcuban @Scaramucci @ammori: Maybe sit this one out publicly and just vote how the ladies tell you to in private. I didn’t spend 11 years helping build tech that advances civil liberties for the three of you to sell us out to communists for country club points. Thanks! https://t.co/EDvM4AVNDg — Ryan Selkis (d/acc) ???????? (@twobitidiot) August 7, 2024 This action of Kamala Harris sends mixed signals to the public as earlier on there were speculations that her administration would be more favorable to crypto. This has raised the eyebrows of the crypto enthusiasts as they worry that such an appointment may slow down the growth and development of the industry. Democratic Strategy to Align with Crypto Industry Although there is a possibility that the next Treasury Secretary nominated could be against cryptocurrencies, it seems that the Democratic Party is working on rebuilding the relations with the crypto industry. Recently, the party launched…
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