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Industry responds to Kamala Harris’ VP pick despite no clear crypto platform

Industry responds to Kamala Harris’ VP pick despite no clear crypto platform

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Source: Coin Telegraph

Crypto users recognized that Minnesota Governor Tim Walz was a relative unknown on crypto policy, but many expressed concerns about his general approach to regulation.

Neither Democratic presidential nominee Kamala Harris nor her recently announced vice presidential pick Tim Walz has a clear policy position on regulating digital assets and blockchain, but crypto users and industry leaders have been quick to weigh in on the ticket. 

In an Aug. 6 announcement, Vice President Harris said Minnesota Governor Tim Walz would be her running mate going into the 2024 presidential election, facing off against Republican nominee Donald Trump and his vice presidential pick, Ohio Senator JD Vance. The stark ideological differences between the two campaigns have elicited reactions on social media, with many crypto proponents expressing concerns about the potential impact picking Walz may have on the industry.

“Tim Walz hasn’t yet nailed his colours to the mast in terms of Bitcoin and crypto in general,” said Darren Parkin, editorial director of The Digital Commonwealth, in an Aug. 6 X post. “However, he’s a stickler for regulation. Make of that what you will.”

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Author: Turner Wright