Shark Tank Investor Mark Cuban Sees VP Kamala Harris ‘Far More Open’ To Crypto
The post Shark Tank Investor Mark Cuban Sees VP Kamala Harris ‘Far More Open’ To Crypto appeared on BitcoinEthereumNews.com.
With President Joe Biden stepping out of the race for the White House, attention now turns to Vice President Kamala Harris as a potential Democratic nominee and her stance on supporting innovation within the crypto industry. Nonetheless, the market is divided on whether her ascendancy will bring forth a more favorable environment for cryptocurrencies or if the regulatory crackdown experienced over the past years under Biden’s administration will continue. Billionaire investor Mark Cuban has weighed in on the matter, suggesting a potential shift in policy under a Harris administration. Meanwhile, analysts speculate that a return of Donald Trump to the White House could lead to a weaker dollar, which some believe could benefit Bitcoin and other crypto assets. Potential Support For AI And Crypto Based on Harris’ record as a US senator and attorney general in California and her positions during her brief presidential campaign in 2019, a Politico report suggests that industry leaders perceive Harris as likely to take a more progressive approach to innovation than President Biden. However, Harris’ rapid rise has left many industry insiders uncertain about her stance on crypto regulation or related matters surrounding the emerging industry. Mark Cuban, a well-known crypto supporter, has expressed optimism, suggesting that Harris may be “more open to business” regarding artificial intelligence (AI), crypto assets, and government services. In an email to Politico, Cuban said: The feedback I’m getting, but certainly not confirmed by the VP, is that she will be far more open to business, [artificial intelligence], crypto and government as a service. Changing the policies changes the message and lets everyone know she is in charge and open, literally, for business. Trump Trade Effect On the other hand, if Donald Trump were to return to the White House, some analysts speculate that his policies may lead to…
Filed under: News - @ July 24, 2024 6:10 pm