Pantera Capital CEO Dan Morehead thinks the US will adopt a “rational blockchain policy” regardless of who wins November’s presidential election.
In a recent newsletter, Morehead pointed to Vice President Kamala Harris’ decision to mention the blockchain sector in a speech last week.
At a campaign event in Pittsburgh on September 25, Harris spoke about the importance of the country’s technological and industrial strength.
“I will recommit the nation to global leadership in the sectors that will define the next century. We will invest in biomanufacturing and space travel; remain dominant in AI (artificial intelligence) and quantum computing, blockchain and other emerging technologies; Expand our lead in clean energy innovation and manufacturing so that the next generation of breakthroughs, from advanced batteries to geothermal energy and advanced nuclear power, are not only invented here in America, but built by American workers.”
Morehead describes the mention of blockchain as “a very important policy leap” for Harris.
“In policy, that first step is just so difficult. Once you’ve done it, you can easily continue on that path. Now I am confident that whichever candidate wins, the United States will pursue a rational policy on blockchain.”
It’s not the only time Harris mentions the sector: At a fundraiser in New York City last month, the vice president pledged to help grow investment in digital asset technology, according to a report from Bloomberg.
“I will bring together employees, founders and innovators from small businesses and large corporations. We will work together to invest in America’s competitiveness, to invest in America’s future. We will encourage innovative technologies such as AI and digital assets, while protecting our consumers and investors.”
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