Kamala Harris may continue the Biden administration’s crypto crackdown

Harris is preparing to unveil plans about her economic policy in a mid-August speech. 

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Kamala Harris, the vice president of the United States, aims to maintain the Biden administration’s stringent stance on cryptocurrency regulation.

Harris is reportedly working with Brian Deese and Bharat Ramamurti, two former economic advisers of the Biden administration who have heavily opposed the previous Clarity for Payment Stablecoins Act of 2023 for being too permissive for issuers.

Harris’ choice of economic advisers could signal her intention to continue the Biden administration’s hostile crypto regulatory approach, according to Alex Thorn, head of research at Galaxy, who wrote in an Aug. 13 X post:

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