Political Action Committee ‘Stand With Crypto’ group has downgraded Presidential candidate Kamala Harris ratings to ‘NA’ from ‘B’ after backlash from crypto twitter.
The group had ranked Harris ‘B’ after she shared her first ever crypto statement at a fundraiser event, in which she said she would “invest in America’s future” and encourage “innovative technologies like AI and digital assets while protecting consumers and investors.” Apart from that, Kamala Harris did not touch upon any prospects of crypto policy. In fact, insiders from the crypto industry are also divided about Kamala’s views on crypto. When several crypto biggies hailed her recent statement, many others pointed out their gullibility saying that Harris is still in the office, and can walk the talk.
Thus, the ‘B’ ratings from the Committee triggered heavy backlash from crypto twitter, due to which Harris again has been downgraded back to ‘NA’.
We’ve tracked 21 statements on crypto from @realDonaldTrump & he’s rated Strongly Supportive.@VP Harris recently made a Somewhat Supportive statement & we’ve added it to our card.
Major candidates weighing in on crypto would’ve been unthinkable even recently. We’re winning. pic.twitter.com/OQoqqylaia
— Stand With Crypto🛡️ (@standwithcrypto) September 23, 2024
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Nonetheless, one of Kamala Harris’ supporters and billionaire investor, Mark Cuban has come out to her support as he confirmed that her government is against regulation via litigation, and might draft some crypto policies.
President Joe Biden garnered a “D,” reflecting a position “somewhat against crypto”, as highlighted by the Committee.
On the contrary, former president Donald Trump received an “A” rating from Stand With Crypto, while running mate J.D. Vance also received an “A” rating. Both the candidates own crypto and have publicly announced their support for digital assets.
The Republican campaign has been very clear on crypto. Republicans have said that they will “end Democrats’ unlawful and unAmerican Crypto crackdown and oppose the creation of a Central Bank Digital Currency”.
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