Brad Garlinghouse, Ripple’s CEO, discouraged crypto enthusiasts from making assumptions and judgments about presidential candidates based on their political affiliations.
The upcoming U.S. presidential election has put crypto at the center of the ongoing campaigns. U.S. Vice President Kamala Harris has the crypto community debating on her possible stance on cryptocurrencies.
Also Read: Ripple CEO, Garlinghouse, Holds Off IPO, unveils competition strategy against SWIFT
The crypto community has progressively mounted pressure on the now-serving Vice President and presidential candidate to declare her take on digital assets.
Ripple’s Brad Garlinghouse maintains a neutral stand on Kamala Harris
Former president and rival presidential aspirant Donald Trump openly declared to impose pro-Bitcoin policies once in office. Ripple’s CEO, Brad Garlinghouse, cautioned the crypto community against making assumptions about the presidential candidates without any proposed policies to refer to.
Jumping to conclusions and assumptions about candidates purely based on political affiliation without any policy proposals is holding the crypto industry back (similar to how tribalism has for years).
— Brad Garlinghouse (@bgarlinghouse) July 24, 2024
VP Harris is no stranger to Silicon Valley & has an incredible opportunity to… https://t.co/2kmKDZZXJe
The crypto pioneer responded to Paradigm Policy Director Justin Slaughter’s post on X, which highlighted the possible transformation of crypto policies in Biden’s administration. Slaughter expressed his take on Harris’ possible move to dissolve Biden’s national security advisors.
Ripple’s Garlinghouse response to the post emphasized that Kamala Harris is well conversant with Silicon Valley, and her related technical background could be useful on critical issues like crypto regulations.
Garlinghouse also mentioned that he is maintaining a neutral take since Harris may adopt Senator Elizabeth Warren’s crypto-skeptic approach. Kamala Harris’s advisory team allegedly reached out to pro-crypto billionaire and Shark Tank host Mark Cuban on regulation and policy formation.
Unlike Donald Trump, Kamala Harris has not publicly endorsed crypto or expressed opinions on digital assets. Cuban said the VP will “be far more open to business, artificial intelligence, crypto, and government as a service.”
Cameron Winklevoss calls out the Bidden-Harris administration for trying to “kill” crypto
Despite the signs that Kamala Harris could switch to a more proactive crypto approach, Gemini co-founder Cameron Winklevoss has criticized the Bidden and Harris administrations for their skeptical approach to digital assets. In an X post dated July 24th, Cameron emphasized that the Bidden-Harris government was “trying to fight and kill crypto” due to tightened regulations from the U.S. financial watchdog.
Cameron Winklevoss gave recommendations that included firing Gary Gensler, terminating Operation Choke Point 2.0, designed to discourage traditional finance institutions from servicing the crypto industry, launching Operation Heimlich, which will open the banking sector to the crypto industry, overhauling illegitimate enforcement actions by the SEC, and sidelining Senator Elizabeth Warren from crypto legislative efforts.
Trump is scheduled to speak at the Bitcoin Conference 2024 in Nashville, Tennessee, for 30 minutes. The CEO of Bitcoin Conference and Bitcoin Magazine, David Bailey, initially stated that talks with Kamala Harris to give her a chance to speak at the conference were underway. However, the CEO announced that the presidential contender would not attend or speak at the conference. The conference is scheduled for July 25th – July 27th.
