Pantera Capital’s Dan Morehead Says US Will Have Rational Blockchain Policy Regardless of Who Wins Election

Pantera Capital CEO Dan Morehead thinks the US will have a “rational policy on blockchain” regardless of who wins November’s presidential election.

In a recent newsletter, Morehead points to Vice President Kamala Harris’ decision to mention the blockchain sector in a speech last week.

At a campaign event in Pittsburgh on September 25th, Harris spoke about the importance of the country’s technological and industrial strength.

“I will recommit the nation to global leadership in the sectors that will define the next century. We will invest in biomanufacturing and aerospace; remain dominant in AI (artificial intelligence) and quantum computing, blockchain and other emerging technologies; expand our lead in clean energy innovation and manufacturing so the next generation of breakthroughs from advanced batteries to geothermal to advanced nuclear are not just invented but built here in America by American workers.”

Morehead describes the mention of blockchain as “a very important policy leap” for Harris.

“In policy, that first step is just so hard. Once you’ve done it, it’s easy to continue along that path. Now I’m confident that whichever candidate wins, the United States will have rational policy on blockchain.”

It’s not the only time Harris has mentioned the sector: At a fundraiser in New York City last month, the vice president vowed to help grow investments in digital asset technology, according to a report from Bloomberg.

“I will bring together labor, small business founders and innovators and major companies. We will partner together to invest in America’s competitiveness, to invest in America’s future. We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors.”

 

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