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.