Rules, not rulers—this is a core tenet of crypto. The distrust of government and centralized power is integral to the decentralized peer-to-peer cash envisioned by bitcoin creator Satoshi Nakamoto. Under the Biden administration, the crypto industry has faced even more aggressive regulatory actions than before, increasing distrust among stakeholders. Despite skepticism that Vice President Kamala Harris, if elected, might continue Biden’s anti-crypto stance, recent campaign adviser appointments might suggest otherwise.
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