Circle CEO Urges Kamala Harris to Clarify Her Crypto Stance

Circle’s CEO, Jeremy Allaire, has emphasized the need for a definitive stance on cryptocurrency from Kamala Harris, the Democratic presidential nominee.

In a recent interview with CNBC, Allaire highlighted that the crypto sector is eager for Harris to clarify her position on digital assets.

Allaire pointed out that both the current Administration and Harris’s campaign have been actively engaging with the crypto industry to understand its dynamics and challenges.

He stressed that the industry is seeking explicit policy statements from Harris and the White House regarding digital assets.

He criticized the current Administration for its earlier skepticism towards crypto, which he believes led to the loss of American jobs and increased costs for domestic businesses.

Allaire noted that while there has been a recent shift towards bipartisan efforts to create comprehensive crypto legislation, it remains uncertain if these actions are timely enough to address the industry’s needs.