From Sacking Gary Gensler To Spending Crypto Without Incurring Separate Taxation, Top Analyst Has A Wishlist For Kamala Harris On Digital Assets
Portfolio Pulse from Aniket Verma
Market analyst Adam Cochran has outlined a wishlist for Kamala Harris to protect the cryptocurrency industry, including sacking SEC Chair Gary Gensler, legalizing user-operated wallets, and changing tax laws for crypto transactions. This comes as Harris unveils a cryptocurrency regulatory framework.
October 15, 2024 | 9:30 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Adam Cochran's wishlist for Kamala Harris includes measures that could positively impact Bitcoin, such as sacking SEC Chair Gary Gensler and changing tax laws to treat crypto like currency.
Cochran's proposals, if implemented, could create a more favorable regulatory environment for Bitcoin, potentially increasing its adoption and usage. The removal of Gensler, seen as a regulatory hurdle, and tax law changes could drive positive sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80