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Home News Crypto

Crypto Insiders Eye Vice President Harris: What Could This Mean for Digital Currency?

by Team Lumida
August 13, 2024
in Crypto
Reading Time: 3 mins read
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Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

"Bitcoin, bitcoin coin, physical bitcoin, bitcoin photo" by antanacoins is licensed under CC BY-SA 2.0

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Key Takeaways:

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  1. Crypto insiders are engaging with Vice President Harris.
  2. Harris’s openness could influence U.S. crypto regulation.
  3. Watch for policy shifts impacting digital currencies.

What Happened?

Cryptocurrency insiders have initiated discussions with Vice President Kamala Harris, sparking whispers about her potential openness to the digital currency industry. Reports indicate that Harris has been approached by several high-profile crypto advocates.

These insiders are keen to leverage her influence within the Biden administration to shape favorable regulations. “Our goal is to ensure that the regulatory framework is conducive to innovation,” stated one insider involved in the discussions.

Why It Matters?

If Vice President Harris shows support for the crypto industry, it could signal a significant shift in U.S. regulatory policy. Current regulations have been somewhat ambiguous, creating uncertainty for investors and businesses alike.

A supportive stance from Harris could clarify these regulations, potentially driving more investment into the sector. Moreover, with the U.S. being a major player in global finance, any regulatory changes could have worldwide implications.

What’s Next?

Investors should keep an eye on any forthcoming statements or policy announcements from Vice President Harris or the Biden administration regarding cryptocurrency. Key areas to watch include potential legislative changes, executive orders, or new regulatory guidelines.

Additionally, consider the broader market reactions and how competitors within the crypto space might adjust their strategies in response. A proactive approach could position you advantageously as the landscape evolves.

Source: Coindesk
Tags: Bitcoin
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© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018