Uniswap Labs chief govt Hayden Adams is warning Democrats that their anti-crypto agenda may price them dearly within the November 2024 US presidential election.
Adams, who invented the decentralized crypto alternate (DEX) Uniswap (UNI), tells his 286,100 followers on the social media platform X that Democrats are making a political miscalculation on the subject of digital belongings.
He compares US Senator Elizabeth Warren (D-Massachusetts) and the U.S. Securities and Trade 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 a substitute of swing states stage miscalculation from [US President Joe] Biden camp considering crypto might be irrelevant in 2024 election and letting SEC plus Warren wage whole conflict – each when it comes to voters and cash.
Republicans scent blood within the water and are turning exhausting in direction of crypto. Not a lot time for Biden to put it aside. Anybody near him or Democratic management ought to be expressing how critical that is and pushing for quick reversal on his method to crypto (public help/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 lately accused Warren of “attempting to kill” your complete crypto business by her proposed Digital Asset Anti-Cash Laundering Act.
The stakes are excessive as Biden faces off towards Republican nominee Donald Trump within the November 2024 presidential election. Trump lately said he’s “wonderful with” crypto and accused Biden and SEC Chairman Gary Gensler of being towards digital belongings.
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