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

Pantera Capital CEO Dan Morehead thinks the US will undertake a “rational blockchain coverage” no matter who wins November’s presidential election.

In a current e-newsletter, Morehead pointed to Vice President Kamala Harris’ resolution to say the blockchain sector in a speech final week.

At a marketing campaign occasion in Pittsburgh on September 25, Harris spoke concerning the significance of the nation’s technological and industrial energy.

“I’ll recommit the nation to world management within the sectors that can outline the following century. We are going to spend money on bioproduction and house journey; stay dominant in AI (synthetic intelligence) and quantum computing, blockchain and different rising applied sciences; Increase our lead in clear vitality innovation and manufacturing in order that the following technology of breakthroughs, from superior batteries to geothermal vitality and superior nuclear energy, usually are not solely invented right here in America, however constructed by American employees.”

Morehead describes the point out of blockchain as “an important coverage leap” for Harris.

“In coverage, that first step is simply so tough. As soon as you’ve got performed it, you may simply proceed on that path. Now I’m assured that whichever candidate wins, the US will pursue a rational coverage on blockchain.”

It is not the one time Harris mentions the sector: At a fundraiser in New York Metropolis final month, the vice chairman pledged to assist develop funding in digital asset expertise, in accordance with a report from Bloomberg.

“I’ll convey collectively workers, founders and innovators from small companies and enormous firms. We are going to work collectively to spend money on America’s competitiveness, to spend money on America’s future. We are going to encourage revolutionary applied sciences equivalent to AI and digital belongings, whereas defending our customers and buyers.”

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