TechFlow news — On August 13, Alex Thorn, Head of Research at Galaxy Research, analyzed Vice President Kamala Harris's stance on cryptocurrency in a post on X. He pointed out that Vice President Kamala Harris is likely to continue the Biden administration’s strict regulatory approach toward cryptocurrency. Thorn's analysis is based on Harris's choice of advisors, particularly her collaboration with Brian Deese and Bharat Ramamurti.
Harris has worked closely with key anti-crypto officials such as Brian Deese and Bharat Ramamurti, who were central figures in advancing cryptocurrency regulation during the Biden administration. Deese previously authored an article on the White House website highlighting the risks of cryptocurrency, while Ramamurti is known as one of the top crypto critics within the White House. Their involvement suggests that the Harris administration is unlikely to soften its position on crypto policy and will likely continue supporting stringent regulations to protect consumers and the financial system.
Moreover, Ramamurti intervened in 2023 to block a compromise on stablecoin legislation, demonstrating his hardline stance on crypto policy. The analysis suggests that if Harris continues working with these officials, her administration will maintain the same attitude toward cryptocurrency as the Biden administration. Thorn recommends that if Harris aims her campaign toward the future, she should listen to other Democratic lawmakers such as Ro Khanna and Ritchie Torres, who hold more open-minded views on cryptocurrency.
