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Pantera Capital’s Dan Morehead Says US Will Have Rational Blockchain Policy Regardless of Who Wins Election

by n70products
October 4, 2024
in Regulations
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Pantera Capital’s Dan Morehead Says US Will Have Rational Blockchain Policy Regardless of Who Wins Election
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Pantera Capital CEO Dan Morehead thinks the US could have a “rational coverage on blockchain” no matter who wins November’s presidential election.

In a latest newsletter, Morehead factors to Vice President Kamala Harris’ choice to say the blockchain sector in a speech final week.

At a marketing campaign occasion in Pittsburgh on September twenty fifth, Harris spoke in regards to the significance of the nation’s technological and industrial power.

“I’ll recommit the nation to international management within the sectors that can outline the following century. We’ll spend money on biomanufacturing and aerospace; stay dominant in AI (synthetic intelligence) and quantum computing, blockchain and different rising applied sciences; increase our lead in clear power innovation and manufacturing so the following era of breakthroughs from superior batteries to geothermal to superior nuclear are usually not simply invented however constructed right here in America by American staff.”

Morehead describes the point out of blockchain as “a vital coverage leap” for Harris.

“In coverage, that first step is simply so exhausting. When you’ve finished it, it’s straightforward to proceed alongside that path. Now I’m assured that whichever candidate wins, the USA could have rational coverage on blockchain.”

It’s not the one time Harris has talked about the sector: At a fundraiser in New York Metropolis final month, the vice chairman vowed to assist develop investments in digital asset expertise, in keeping with a report from Bloomberg.

“I’ll carry collectively labor, small enterprise founders and innovators and main corporations. We’ll companion collectively to spend money on America’s competitiveness, to spend money on America’s future. We’ll encourage progressive applied sciences like AI and digital property, whereas defending our shoppers and buyers.”

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