Uniswap Labs chief government Hayden Adams is warning Democrats that their anti-crypto agenda may value them dearly within the November 2024 US presidential election.
Adams, who invented the decentralized crypto trade (DEX) Uniswap (UNI), tells his 286,100 followers on the social media platform X that Democrats are making a political miscalculation in the case 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 pink states as a substitute of swing states stage miscalculation from [US President Joe] Biden camp considering crypto will likely be irrelevant in 2024 election and letting SEC plus Warren wage whole struggle – each by way of 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 must be expressing how severe that is and pushing for quick reversal on his strategy to crypto (public assist/plan and reigning in SEC and Warren)…
[Biden] can perceive somebody he trusts telling him ‘You’ll lose in case you don’t do X.’”
The Chamber of Digital Commerce not too long ago accused Warren of “making an attempt to kill” all the crypto trade by 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 not too long ago stated he’s “effective with” crypto and accused Biden and SEC Chairman Gary Gensler of being towards digital property.
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