Uniswap Labs chief govt Hayden Adams is warning Democrats that their anti-crypto agenda may value them dearly within the November 2024 US presidential election.
Adams, who invented the decentralized crypto change (DEX) Uniswap (UNI), tells his 286,100 followers on the social media platform X that Democrats are making a political miscalculation in relation to digital belongings.
He compares US Senator Elizabeth Warren (D-Massachusetts) and the U.S. Securities and Alternate Fee (SEC) assaults on crypto to a political misstep by the unsuccessful Democratic 2016 US presidential candidate Hillary Clinton.
“Hillary [Clinton] campaigning in purple states as an alternative of swing states stage miscalculation from [US President Joe] Biden camp pondering crypto will probably be irrelevant in 2024 election and letting SEC plus Warren wage complete warfare – each when it comes to voters and cash.
Republicans odor blood within the water and are turning arduous in direction of crypto. Not a lot time for Biden to reserve it. Anybody near him or Democratic management must be expressing how severe that is and pushing for quick reversal on his method to crypto (public assist/plan and reigning in SEC and Warren)…
[Biden] can perceive somebody he trusts telling him ‘You’ll lose should you don’t do X.’”
The Chamber of Digital Commerce just lately accused Warren of “making an attempt to kill” the whole crypto business by way of her proposed Digital Asset Anti-Cash Laundering Act.
The stakes are excessive as Biden faces off in opposition to Republican nominee Donald Trump within the November 2024 presidential election. Trump just lately mentioned he’s “high-quality with” crypto and accused Biden and SEC Chairman Gary Gensler of being in opposition to digital belongings.
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