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Cardano Founder Weighs In On US Elections — Which Candidate Is Best For Crypto?

  • Cardano founder Charles Hoskinson suggests that former US President Donald Trump is better suited for the US crypto industry than Vice President Kamala Harris.
  • Hoskinson believes that Trump's support for the crypto industry, demonstrated through his participation in conferences and advocacy for favorable regulations, makes him more favorable than Harris.
  • Hoskinson criticizes the Biden-Harris administration for their perceived hostile stance towards the crypto industry, citing enforcement actions initiated by the SEC under Chair Gary Gensler.
  • Analysts at VanEck argue that a Kamala Harris presidency could be more beneficial for Bitcoin, as her economic policies may weaken the US dollar and drive further adoption of the cryptocurrency.

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