Anthony Scaramucci Thinks Crypto Industry's Virtual Meeting With Democrats Was 'Encouraging,' Despite Reportedly Heated Exchanges
Portfolio Pulse from Murtuza Merchant
A virtual meeting between the cryptocurrency industry and Democratic Party officials, hosted by Congressman Ro Khanna, aimed to ease tensions but turned confrontational. Crypto executives criticized the Biden administration's regulatory actions, while Anthony Scaramucci expressed optimism about Kamala Harris's potential to gain support within the crypto community.
August 09, 2024 | 1:05 pm
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Coinbase executives participated in a heated meeting with Democratic officials, criticizing the Biden administration's regulatory actions. Despite the confrontations, there is optimism about Kamala Harris's potential to gain support within the crypto community.
The meeting highlighted ongoing regulatory challenges for Coinbase, but the potential support from Kamala Harris could be a positive development. The short-term impact is neutral as the situation remains unresolved.
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