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

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2024-08-13 14:42:22
Alex Thorn, head of research at Galaxy Research, wrote on the X platform to analyze Vice President Harris' crypto stance, and the selection of her advisory team indicates that she will continue to implement the Biden administration's strict regulatory policy on cryptocurrencies.
Harris has worked with key anti-cryptocurrency officials such as Brian Deese and Bharat Ramamurti, two former point persons in the Biden administration pushing for crypto regulation. Deese has published articles on the White House website highlighting the risks of cryptocurrencies, while Ramamurti is considered a top cryptocurrency critic in the White House. Their involvement suggests the Harris administration is unlikely to soften its stance on cryptocurrency policy and will continue to support tough regulation to protect consumers and the safety of the financial system.
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