During the TOKEN2049 conference, SkyBridge Capital founder Anthony Scaramucci revealed that US Vice President and Democratic candidate Kamala Harris is working with industry advocates on her cryptocurrency policy ahead of the November election.

Kamala Harris ‘Distances Herself’ from Warren and Gensler

On Thursday Anthony Scaramucci he claimed ‘working alongside’ Kamala Harris to advance her campaign’s cryptocurrency policy. The SkyBridge Capital founder announced at one of the world’s largest cryptocurrency events that the Democratic candidate is “listening” to industry advocates.

Scaramucci and other undisclosed cryptocurrency and Bitcoin advocates allegedly pressured the U.S. vice president to support industry-friendly policies. Those talks are apparently “making progress” and “heading in the right direction,” he said at the event.

Moreover, industry advocates aligned with Harris “want to prevent” cryptocurrency policy from becoming a partisan issue, seeking to ensure that “cryptocurrencies in the U.S. have bipartisan standards, unencumbered by political and tribal conflicts.”

Scaramucci also said they are working to “distance” the Democratic Party from figures like Sens. Elizabeth Warren and Gary Gensler, who have played a enormous role in the U.S. repression of the industry.

The Democratic nominee’s stance on the sector has been the subject of much speculation since her nomination. However, Harris, whose position remains undisclosed, has been endorsed by several industry figures, including Ripple co-founder Chris Larsen and Bitcoin bull Mark Cuban.

Who is the cryptocurrency industry’s “favorite” candidate?

During the TOKEN2049 panel, Scaramucci also commented on his feelings about former US President Donald Trump. He praised the Republican candidate for understanding the importance of the industry, saying he changed the landscape before the election:

Regardless of my feelings about President Trump, I applaud him for understanding how crucial this industry is to the United States. I think, paradoxically, he is managing to pull Democrats toward a centrist position on regulation.

Trump’s stance has pushed the Biden-Harris administration toward a more industry-friendly approach over the past few months. In a recent interview In an interview with CNBC, Cardano founder Charles Hoskinson also suggested that Trump might be a favorite option from a cryptocurrency perspective.

For him, the Republican candidate is the clear industry favorite, as he has openly embraced the sector, even launching a DeFi project. The community also launched several Trump-inspired memcoins during his campaign, which are leading the PolitiFi token sector.

Since the presidential debate on September 10, the US vice president has questioned the Republican Party candidate’s chances of winning. Prediction markets such as Polymarket show that Harris’ chances of winning exceed Trump by 3%, with a 51% chance of supporting her.

Still, Hoskinson believes that regardless of who wins the election, the world will continue to move toward cryptocurrency adoption. “The world, with or without America, is embracing cryptocurrencies,” he said.

At the time of writing, Bitcoin, the largest cryptocurrency by market capitalization, is valued at $63,480, up 8% from the previous week.

Featured image from Unsplash.com, chart from TradingView.com