US Vice President Kamala Harris sparked volatility in the sector with a brief cryptocurrency statement over the weekend. Although Harris said she would promote innovative technologies, artificial intelligence and digital assets, experts do not expect more detailed policies to be announced shortly before the elections. A source close to the matter said Harris' campaign has been in dialog with major companies such as Ripple and Coinbase.
Paul Grewal, Coinbase's chief legal officer, said Harris' understanding of the crypto sector is surprisingly deep. Former Trump adviser Anthony Scaramucci said Harris played an important role in shaping crypto policy. However, it was emphasized that it is difficult for campaigns to develop comprehensive policies on crypto in this period of tightening regulatory steps.
