Uniswap Labs chief government Hayden Adams is warning Democrats that their anti-crypto agenda might price them dearly within the November 2024 US presidential election.
Adams, who invented the decentralized crypto trade (DEX) Uniswap (UNI), tells his 286,100 followers on the social media platform X that Democrats are making a political miscalculation relating to digital belongings.
He compares US Senator Elizabeth Warren (D-Massachusetts) and the U.S. Securities and Change Fee (SEC) assaults on crypto to a political misstep by the unsuccessful Democratic 2016 US presidential candidate Hillary Clinton.
“Hillary [Clinton] campaigning in crimson states as an alternative of swing states stage miscalculation from [US President Joe] Biden camp pondering crypto can be irrelevant in 2024 election and letting SEC plus Warren wage whole battle – 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 put it aside. Anybody near him or Democratic management ought to be expressing how severe that is and pushing for fast reversal on his strategy to crypto (public help/plan and reigning in SEC and Warren)…
[Biden] can perceive somebody he trusts telling him ‘You’ll lose in the event you don’t do X.’”
The Chamber of Digital Commerce lately accused Warren of “making an attempt to kill” your complete crypto trade by way of 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 “fantastic with” crypto and accused Biden and SEC Chairman Gary Gensler of being towards digital belongings.
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