SkyBridge Capital founder Anthony Scaramucci revealed on Friday that US Vice President and Democrat presidential candidate Kamala Harris is working on developing crypto policies for her 2024 campaign. According to Scaramucci, a group of cryptocurrency advocates are assisting Harris in drafting policies aimed at attracting the crypto community ahead of the November elections.
Scaramucci explained that the goal is to distance Harris and her campaign from the anti-crypto stance championed by Senator Elizabeth Warren and SEC Chair Gary Gensler, both of whom have been at the forefront of crackdowns on the cryptocurrency industry. Speaking to CNBC on September 20, Scaramucci noted, "There’s a group of cryptocurrency advocates, Bitcoin advocates, etc., that are working alongside her to distance the Democratic Party away from Elizabeth Warren and Gary Gensler."
Warren and Gensler have been closely associated with strict regulations and enforcement measures against crypto companies as part of "Operation Choke Point 2.0." Scaramucci suggested that Harris' team is looking to present a more crypto-friendly image by aligning her policies with the interests of the blockchain and digital asset sectors.
Read more: Hedge Fund Billionaires Plan to Withdraw Funds if Kamala Harris Wins
Scaramucci mentioned that Harris is holding several crypto-related discussions this week with key players in the industry. She has already received endorsements from prominent figures, including Ripple Executive Chairman Chris Larsen. According to Scaramucci, these efforts are making progress and moving the Harris campaign in the "right direction."
Meanwhile, on the Republican side, Donald Trump has reportedly become more pro-Bitcoin. His family recently launched a new crypto project called "World Liberty Financial," highlighting the increasing role of cryptocurrency in the 2024 election cycle.
Despite these developments, some members of the crypto community remain skeptical about Harris' potential policies. Concerns linger over whether she can truly break away from the anti-crypto sentiment within parts of the Democratic Party, particularly given the influence of figures like Warren and Gensler.
Read more: How the Harris Campaign is Connecting with Swifties
Polymarket data currently shows Harris leading Trump with 51% odds of winning the election compared to Trump’s 48%. However, the race remains tight, especially as both candidates continue to campaign heavily in swing states.
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