Hayden Adams suggested that crypto policies from the SEC and Senator Elizabeth Warren could hurt President Joe Biden’s chances for a second term.
Hayden Adams, the founder and CEO of decentralized exchange Uniswap, called on United States President Joe Biden to consider how voters think about crypto when they enter ballot boxes in November.
In a May 12 X post, Adams claimed there was “not much time” for President Biden to change the perception many crypto-focused voters had of his administration’s policies on digital assets. According to the Uniswap CEO, the U.S. President was making a “miscalculation” of assuming crypto would be irrelevant in the 2024 elections and allowing Senator Elizabeth Warren and the U.S. Securities and Exchange Commission (SEC) to “wage total war” on the technology.
“Republicans smell blood in the water and are turning hard towards crypto,” said Adams. “Not much time for Biden to save it. Anyone close to him or [Democratic] leadership should be expressing how serious this is and pushing for immediate reversal on his approach to crypto (public support/plan and reigning in sec + warren).”
