Gemini co-founder Cameron Winklevoss has issued a bold statement, calling on US Vice President Kamala Harris to show her support for the crypto industry by firing SEC Chair Gary Gensler. Winklevoss emphasized that the crypto community is not easily swayed by empty promises and demands concrete actions.
In a recent tweet, Winklevoss warned Harris about the potential for false promises and urged her to take decisive action in the matter of crypto regulations. He stressed that simply making promises would not be enough to repair the damage done over the past four years and highlighted the intelligence and resilience of the crypto industry.
Furthermore, Winklevoss demanded that Harris demonstrate her commitment by removing Gensler from his position before November. He referenced former President Donald Trump’s recent comments at the Bitcoin Conference, where Trump vowed to fire Gensler on his first day in office.
Additionally, Custodia Bank founder Caitlin Long echoed Winklevoss’ sentiments, stating that Gensler is just one obstacle in the way of those instigating Operation Choke Point 2.0. Long urged Harris to also take action against other individuals working to de-bank law-abiding crypto firms.
The potential impact of Harris winning the election on the price of Bitcoin was also discussed, with some analysts suggesting that the price could crash below $50K if Harris defeats Trump. This contrasts with predictions of Bitcoin reaching $100K by the year-end if Trump is re-elected.
As the crypto industry closely watches developments in the political landscape, the call for tangible support from Harris and other policymakers remains a key issue for the community. Stay tuned for further updates on this evolving story.
