
Former CEO of crypto platform Uphold, J.P. Thieriot, is rallying support for Vice President Kamala Harris as she shifts her stance on cryptocurrency. This pivot has garnered attention from various sectors, with some venture capitalists in the Democratic Party expressing approval. However, Harris's new pro-crypto position has also sparked skepticism among critics, including Senator Bill Hagerty, who views it as a desperate attempt to rejuvenate her struggling campaign. Industry insiders like Cameron Winklevoss caution that Harris's promises may not suffice without substantial actions, such as significant regulatory changes. In addition, Harris's campaign appears to be leveraging former President Donald Trump's previous comments on cryptocurrency to bolster her position, as she faces pressure to articulate a clear crypto strategy to counter Trump's pro-Bitcoin influence.
.@KamalaHarris's campaign seems to be trying to use former President Donald Trump's crypto musings against him. https://t.co/YDVv2Fb2Hf
Kamala Harris must outline crypto strategy to counter Trump’s pro-Bitcoin influence, think tank says https://t.co/DERK67K6Yo
Silicon Valley excited about Harris “crypto reset.” https://t.co/wEScZZL9x1