Galaxy Research Head Predicts 'Regulation by Enforcement' for Crypto Under Harris
CryptoNewsTerminal Staff13 Aug, 2024
Galaxy Research Head Predicts 'Regulation by Enforcement' for Crypto Under Harris
Alex Thorn, head of research at Galaxy, believes that Vice President Kamala Harris will continue the Biden administration's "regulation by enforcement" approach to cryptocurrency. This is based on recent reports that Harris has hired two former Biden administration officials, one of whom wrote on the White House website about the risks of crypto and another who is known for his vocal opposition to it. Thorn suggests that these hires indicate Harris is unlikely to overturn the administration's current stance on crypto regulation.
