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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 alternate (DEX) Uniswap (UNI), tells his 286,100 followers on the social media platform X that Democrats are making a political miscalculation in terms of digital property.
He compares US Senator Elizabeth Warren (D-Massachusetts) and the U.S. Securities and Trade 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 a substitute of swing states degree miscalculation from [US President Joe] Biden camp considering crypto will likely be irrelevant in 2024 election and letting SEC plus Warren wage complete warfare – each when it comes to voters and cash.
Republicans odor blood within the water and are turning arduous in the direction of crypto. Not a lot time for Biden to put it aside. Anybody near him or Democratic management needs to be expressing how critical that is and pushing for speedy reversal on his method 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” the whole crypto business via 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 “wonderful with” crypto and accused Biden and SEC Chairman Gary Gensler of being towards digital property.
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