From Sacking Gary Gensler To Spending Crypto Without Incurring Separate Taxation, Top Analyst Has A Wishlist For Kamala Harris On Digital Assets
Amid Kamala Harris‘ growing cryptocurrency outreach, popular market analyst Adam Cochran outlined a list of steps he wanted the Democratic presidential hopeful to take to safeguard the industry.
What Happened: Cochran, founder of venture fund Cinneamhain Ventures, and a vocal supporter of Harris’ bid for the White House, said that the easiest first step to protect Bitcoin (CRYPTO: BTC) and cryptocurrencies was to sack SEC Chair Gary Gensler, considered a thorn by several cryptocurrency enthusiasts.
Next on Cochran’s wishlist is an executive order declaring user-operated wallets as legal and doing away with KYC requirements. Cochran further expected a potential Harris administration to clarify that validators are not money transmitters under the Bank Secrecy Act.
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