CandleFocus Cardano Founder Hints at Trump’s Crypto Edge Over Kamala Harris With Gensler Analogy
2024-10-09
Author: Content Editor
Cardano founder Charles Hoskinson has used a lawsuit against the SEC to express his support for Donald Trump over Kamala Harris in the upcoming US election. Hoskinson has criticized the SEC's inconsistency in regulating the cryptocurrency industry and suggested a shift in legal frameworks. He implied that a continuation of Harris's leadership with SEC Chair Gary Gensler would not improve the regulatory situation for the crypto industry, while Trump has shown a pro-crypto stance. Many in the crypto industry are supporting Trump, hoping for his return to the White House and his plan to end the SEC's "anti-crypto crusade." Discussions about a potential replacement for Gensler have begun, with Dan Gallagher, Robinhood's Chief Legal Officer, emerging as a possible candidate.
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