Voting for Kamala Harris is a Vote Against Crypto, Says Charles Hoskinson

As the upcoming election draws near and the race between Donald Trump and Kamala Harris intensifies, Cardano (ADA) founder Charles Hoskinson has warned American voters that their choice will significantly impact the future of the crypto industry.

Hoskinson took to the social media platform X to express his concerns, stating that the administration of President Joe Biden and Vice President Kamala Harris continues to wage a war against the crypto industry. According to the Cardano founder, the Biden-Harris administration has not reset its relationship with the crypto industry, despite claims to the contrary. He remarked:

“A vote for Harris is a vote against the American crypto industry.”

Hoskinson’s warning comes just days after reports emerged that Harris’s advisors had reached out to some of America’s leading crypto companies, including stablecoin issuer Circle, digital asset exchange Coinbase, and payments company Ripple.

The Harris campaign’s outreach followed Republican presidential candidate Donald Trump’s expression of support for the crypto industry. Trump attended the Bitcoin 2024 conference in Nashville, Tennessee, last month.

Last week, a Zoom meeting was organized by Congressman Ro Khanna in an effort to bridge the gap with crypto industry leaders and bolster Harris’s chances of winning the election. However, the meeting reportedly did not go well, as tensions ran high. It was noted:

“Executives did not hesitate to tell the administration’s representatives how much damage they have done to the crypto industry and the Democratic Party with their actions against digital assets. They were basically just shouted at.”

The Zoom meeting included participants such as U.S. Deputy Treasury Secretary Wally Adeyemo, Deputy Director of the National Economic Council Lael Brainard, and White House Deputy Chief of Staff Bruce Reed.

The crypto industry was represented by executives from Coinbase, Kraken, Ripple, and other lesser-known companies. Pro-crypto billionaire Mark Cuban and hedge fund manager Anthony Scaramucci also attended the meeting.