Gemini Founder: Vice President Harris May Struggle to Court Crypto Voters

IconCryptoNewsTerminal Staff23 Jul, 2024

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Gemini Founder: Vice President Harris May Struggle to Court Crypto Voters

Gemini Co-Founder Weighs In on Vice President Harris' Crypto Stance Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, recently shared his thoughts on Vice President Kamala Harris' potential appeal to crypto voters if she enters the Democratic presidential race. According to Winklevoss, Harris will need to take significant actions to gain support from the crypto community, including firing SEC Chair Gary Gensler and reversing the SEC's actions against "good actors" in the industry. He expressed skepticism that she will take these steps, stating: > "VP Harris should start by immediately firing SEC Chair Gary Gensler, withdrawing all enforcement actions the SEC has taken against good actors in the crypto industry, and rescinding the so-called 'proof-of-stake 2.0' strategy. But she won't. And so she will not pick up support from the fastest growing voting bloc in America. Time for a change." Winklevoss also commented on Harris' reported discussions with organizers of the Bitcoin 2024 conference, noting that "talk is cheap." He emphasized the need for concrete actions from Harris to demonstrate her support for the crypto industry. Harris has previously expressed openness to engaging with the crypto industry, but her actions as Vice President have been criticized by some in the community. It remains to be seen how Harris' stance on crypto will impact her potential candidacy and her ability to attract support from crypto voters.