Monday, August 18, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Kamala Harris Crypto Strategy Questioned As She Mulls Anti-Crypto VP Choice

by SB Crypto Guru News
July 31, 2024
in Crypto Updates
Reading Time: 2 mins read
0 0
A A
0


In the aftermath of rumors that she is attempting to patch up her ties with the cryptocurrency community, the Vice President of the United States, Kamala Harris, has taken actions that appear to be in direct opposition to the objectives that she has articulated for herself.

Kamala Harris is contemplating on endorsing Michigan lawmaker Gary Peters for the 2024 elections. Bitcoin enthusiasts have been deeply concerned about this latest development.

Peters vehemently opposes bitcoin since he has endorsed the Money Laundering Act of 2023, which specifically targets the illicit use of cryptocurrency for financing terrorist activities.

Sen. Gary Peters, D-Mich., is being pushed by organized labor to be considered as Vice President Kamala Harris’ running mate, Axios reported. https://t.co/cOvzPCZ8Dx

— NEWSMAX (@NEWSMAX) July 30, 2024

Kamala Harris: Strategic Political Coalition

The backing of Peters for such legislative actions has worried crypto aficionados as they believe that his involvement in the administration will result in stricter rules and a less favorable environment for digital currency.

“Given the obvious and present threat presented by the financing of these and other militant organizations, we ask the Administration to offer more specifics on its plan to prohibit the use of cryptocurrency for the financing of terrorism,” Peters said, stressing his stance on crypto control.

BTCUSD trading at $66,751 on the daily chart: TradingView.com

People think that Harris’s possible choice of Peters as his running mate is an intentional move to win Michigan, which is a very important swing state. With strong support from unions and other Democrats, Peters is an interesting option for Harris to use to make her campaign more competent.

Reaction From The Crypto Community

The crypto community has shown concern and caution on Peters’ possible union with the Harris ticket. Industry professionals have urged Harris to change her mind, including XRP attorney John Deaton and Galaxy Digital chairman Mike Novogratz.

Novogratz gave Harris a lot of advice about Senator Elizabeth Warren, who has spoken out against the bitcoin sector. Deaton, who is running against Warren in the upcoming election, also said that Harris should fire Gary Gensler, the chair of the SEC, who is seen as being against crypto, if she wins the presidency.

“The Vice President has several good prospects for her running mate and we want to respect her choice,” a top advisor for Peters said.

“I know for sure that one of the reasons his name is in the mix is that labor really wants to have somebody who is undoubtedly pro union, and Gary fits that definition quite well,” said Rep. Dan Kildee (D-Mich.).

Featured image from Gadgets 360, chart from TradingView





Source link

Tags: AntiCryptoBitcoin NewsChoiceCryptoCrypto NewsCrypto UpdatesHarrisKamalaLatest News on CryptoMullsquestionedSB Crypto Guru NewsStrategy
Previous Post

Institutional Investors Show Interest In Cardano, Triggering 300% Surge

Next Post

EarnUp Launches AI Advisor to Automate Financial Wellness

Related Posts

Altseason Momentum Strengthens As Altcoin Liquidations Surpass Bitcoin

Altseason Momentum Strengthens As Altcoin Liquidations Surpass Bitcoin

by SB Crypto Guru News
August 18, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Speculation about a potential “altseason” has grown...

ADA and DOGE To Gain From ETF Hype, RTX Nears CEX Reval

ADA and DOGE To Gain From ETF Hype, RTX Nears CEX Reval

by SB Crypto Guru News
August 17, 2025
0

The crypto market in August 2025 has been defined by ETF enthusiasm, Bitcoin’s surge, and renewed investor appetite for utility...

Kraken Freezes Monero Deposits After Qubic Boasts Network Dominance

Kraken Freezes Monero Deposits After Qubic Boasts Network Dominance

by SB Crypto Guru News
August 17, 2025
0

Kraken announced in a security update that the centralized crypto exchange is temporarily halting monero ( XMR) deposits. The platform...

The Best Presales and Meme Coins for Explosive Growth Next Week

The Best Presales and Meme Coins for Explosive Growth Next Week

by SB Crypto Guru News
August 17, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Recent pro-crypto policy shifts, bullish technical breakouts,...

Fed Kills Crypto Crackdown Program With Quiet Bomb Drop on Banking Oversight

Fed Kills Crypto Crackdown Program With Quiet Bomb Drop on Banking Oversight

by SB Crypto Guru News
August 17, 2025
0

The Federal Reserve just dismantled its targeted crypto oversight, clearing the runway for banks to re-enter digital assets under streamlined...

Load More
Next Post
EarnUp Launches AI Advisor to Automate Financial Wellness

EarnUp Launches AI Advisor to Automate Financial Wellness

Bitcoin Price Eyes Fresh Gains: Can BTC Climb Again?

Bitcoin Price Eyes Fresh Gains: Can BTC Climb Again?

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.