Winklevoss’ warning is in response to recent rumors regarding an expected reset gathering between the vice president and crypto companies in the sector.
Recent reports indicate that Vice President Kamala Harris and her campaign advisors are actively pursuing meetings with key institutions in the cryptocurrency sector. The objective of the meeting is to “restore” the relationship between the leaders of the digital asset sector and her Democratic party in anticipation of the forthcoming US presidential elections.
Four individuals who are prominent in the development have disclosed that members of Harris’ campaign team have recently contacted individuals associated with cryptocurrency companies to arrange a meeting.
The meeting is expected to be attended by major companies such as Financial Giant Ripple, stablecoin company Cirle, and San Francisco-based Coinbase. The meeting is anticipated to occur in the near future, despite the absence of specific information regarding the date.
Cameroon Winklevoss has cautioned the public to be cautious of the “great ruse” in response to the development, emphasizing the importance of genuine regulatory assistance and the potential hazards of political maneuvering. His warning also raises concerns regarding the potential for the VP’s recent engagements and remarks regarding digital assets to fail to generate substantial endorsement for the sector.
Furthermore, the Winklevoss twins recommended that Harris cancel the meeting with industry executives if she is unable to act decisively, courageously, and promptly.
In order to demonstrate her support for the digital asset industry, the co-founder of Gemini has requested that the vice president terminate Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC).
Cameroon Winklevoss is not the sole prominent figure in the field who has advocated for Gary Genler’s resignation. John E. Deaton, a legal expert and candidate for the Massachusetts Senate seat, also suggested that Kamala Harris remove Gensler as the chairman of the US Securities and Exchange Commission (SEC) on Sunday.
Deaton argues that Harris’ termination of Gensler would be the most consequential measure she could implement to demonstrate her unwavering dedication to a reset of Bitcoin and other cryptocurrency assets. He also stated that it would be a strong indication of her good faith.
This public call underscores Deaton’s aspirations to cultivate a more favorable regulatory framework that will support the constantly changing realm of digital assets. He is of the opinion that Gensler’s enforcement-based regulation has persistently impeded innovation in the United States..
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