Kamala Harris's Crypto Outreach Unimpressive, According to Bernstein Report

IconCryptoNewsTerminal Staff30 Jul, 2024

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Kamala Harris's Crypto Outreach Unimpressive, According to Bernstein Report

Wall Street investment bank Bernstein recently released a report suggesting that Vice President Kamala Harris's efforts to engage with the cryptocurrency industry may not be enough to sway crypto investors. The report notes that Harris's engagement appears to be more reactive than proactive and lacks the necessary policy initiatives to significantly impact the industry. The report also highlights the industry's more favorable view of former President Donald Trump due to his perceived pro-crypto stance. Despite Harris's outreach, the crypto industry remains largely unimpressed, indicating a need for more substantial policy initiatives and a proactive approach from the Biden administration.