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Gemini’s Cameron Winklevoss Says Kamala Harris’s Move To Reset Crypto Relations Could Be a Big Bluff

July 30, 2024
in Regulation
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Gemini’s Cameron Winklevoss Says Kamala Harris’s Move To Reset Crypto Relations Could Be a Big Bluff
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Crypto exchange Gemini co-founder Cameron Winklevoss is not convinced that Vice President Kamala Harris and her Democratic party are determined to repair relations with the digital asset industry.

Over the weekend, news emerged that Harris’s camp touched base with leading crypto firms in the country in an effort to reset her party’s previously hostile stance on the industry.

But Winklevoss is not buying the presidential candidate’s move to patch things up with the digital asset industry.

In a thread on the social media platform X, Winklevoss reminds Harris that the Biden administration spent the last four years targeting the crypto industry with one enforcement action after another.

Winklevoss says Harris may just be bluffing, and he will only change his mind if Democrats abruptly retire U.S. Securities and Exchange (SEC) Chair Gary Gensler.

“Kamala Harris, please don’t bother unless you are prepared to take swift, bold, and concrete action. You can’t burn bridges for four years and expect to rebuild them with words alone…

We will not fall for any bluffs. And we will not be swayed by what you say. We will only consider what you do.

You and your party retired Joe Biden, a sitting President, which means you can definitely retire Gary Gensler before November. Show us what can be.” 

Fellow Gemini co-founder Tyler Winklevoss also recently aired a similar sentiment, saying that Democrats have about three months to unwind “four years of terror” unleashed upon the crypto sector.

“I’d like to get back to building full-time and I know all of you would too. In order to do this, we, as an industry, must demand that both parties embrace our industry, treat it fairly, and do everything in their power to ensure that America is the best home in the world for crypto.”

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