Dan Morehead, CEO of Pantera Capital, believes the United States will have a “reasonable blockchain policy” no matter who wins the November presidential election.
In a recent newsletter, Morehead pointed to Vice President Kamala Harris’ decision to mention the blockchain space in a speech last week.
At a campaign event in Pittsburgh on September 25, Harris spoke about the importance of the nation’s technological and industrial strength.
“I will recommit our nation to global leadership in areas that will define the next century. We will invest in biomanufacturing and aerospace. We will invest in biomanufacturing and aerospace. Chain continues to dominate in other emerging technologies. Next-generation breakthroughs from advanced batteries to geothermal to advanced nuclear power extend our lead in clean energy innovation and manufacturing. Not only will it be invented, but it will be built here in the United States, by American workers.”
Morehead said the blockchain reference was a “very important policy leap” for Harris.
“In policy, that first step is very difficult. Once you get there, it’s easy to continue along that path. Now, no matter which candidate wins, the U.S. has a rational approach to blockchain. I am confident that we will be able to take action.”
According to a report by Bloomberg, this is not the first time Harris has mentioned this area. At a fundraiser in New York City last month, Harris vowed to support increased investment in digital asset technology, Bloomberg reported.
“I will bring together workers, small business founders, innovators, and big business. Together, we will invest in America’s competitiveness and invest in America’s future. We will continue to invest in America’s future. We will encourage innovative technologies such as AI and digital assets, while protecting people and investors.”
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