The crypto community is criticizing Democratic nominee Kamala Harris for apparently shifting focus away from regulating digital assets in her campaign. Consequently, support for former president Donald Trump has increased on the prediction market platform Polymarket. Senate Majority Leader Chuck Schumer's letter outlining legislative priorities did not address cryptocurrency regulation, raising concerns among the industry. Harris's ambiguous stance on the matter has further fueled dissatisfaction. Some believe that the lack of mention of cryptocurrencies in Schumer's letter indicates a stall in regulatory efforts. As a result, Trump's lead on Polymarket has grown, suggesting that he is seen as more favorable for the crypto industry.
- Content Editor ( cryptonewsland.com )
- 2024-09-10
Harris Deprioritizes Crypto as Trump Surges on Polymarket with 52%