Harris Reaches Out to Crypto Industry Amid Skepticism
Harris Reaches Out to Crypto Industry Amid Skepticism

Harris Reaches Out to Crypto Industry Amid Skepticism

News summary

Kamala Harris aims to reset her relationship with the cryptocurrency industry as she prepares for a presidential bid, reaching out to major crypto companies and influencers like Mark Cuban and the Winklevoss twins. However, her efforts face skepticism from the crypto community, particularly from Donald Trump's supporters, including the Winklevoss twins, who criticized her for past policies and demanded concrete actions like firing SEC Chair Gary Gensler. Trump, who received enthusiastic support at a recent Bitcoin conference, promised to support the industry by making crypto 'mined, minted, and made in the USA' and commuting the sentence of Silk Road's creator, Ross Ulbricht. The Winklevoss twins highlighted the Biden-Harris administration's history of disengagement, citing a recent incident where they were disinvited from a White House round table after endorsing Trump. They call Harris's current efforts a 'big bluff' and insist that the administration must show real action rather than empty promises. The crypto community remains divided, with significant support for Trump due to his pro-crypto stance.

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