Kamala Harris Team ‘Moving in Right Direction’ on Crypto: Anthony Scaramucci

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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September 18, 2024 02:59 EDT

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Hedge fund manager Anthony Scaramucci has praised Kamala Harris’s approach to crypto policy, suggesting she is on the right track. At the same time, he called for the need for bipartisan cryptocurrency regulation in the US.

Speaking in a CNBC interview published Wednesday, Scaramucci voiced optimism about Harris’s crypto policies. He disclosed that the Vice President’s campaign invited him to join her team post last week’s debate with opponent Donald Trump, focusing on crypto issues.

“We’ve had several meetings both with the Biden administration and Harris officials. And I think that they have come to the conclusion that they’ve got to move closer to the center. In truth, she hasn’t moved yet,” he said, and suggested that she hasn’t had the chance to establish a firm position on the issue, being preoccupied with adapting to her new role.

Harris Takes 2-Point Lead Over Trump on Polymarket After Debate

Following the debate, Harris surged ahead on Polymarket, leading Trump with a 2 percentage point advantage. Currently, her odds stand at 50% versus Trump’s 48%.

Further, Scaramucci said he anticipates Harris will soon detail her economic policies and stance on crypto regulation.

Scaramucci Urged Crypto Industry to Side With Biden Over Trump

Before Harris entered the race, the SkyBridge Capital founder urged the crypto community to support Joe Biden over Trump. He warned that a Trump presidency would bring chaos and legal uncertainty.

“I would rather take the regulatory fight with people like Elizabeth Warren and people like Gary Gensler over that macro fight,” he said.