Uniswap CEO Admits ‘Biden Has Been Bad For Crypto,’ But Kamala Harris’ Comments Are Encouraging: ‘Progress Is Progress’
Uniswap (CRYPTO: UNI) CEO Hayden Adams has expressed optimism over U.S. Vice President Kamala Harris‘ comments supporting digital assets, highlighting the growing recognition of decentralized finance (DeFi) by political leaders.
What Happened: However, Adams’ positive reception of Harris’ remarks was met with skepticism and criticism from industry insiders, who raised concerns over regulatory threats and Uniswap’s governance structure.
At a New York fundraiser over the weekend, Harris expressed support for digital assets and made her first public mention of the crypto industry, calling AI and digital assets “innovative technologies.”
Adams interpreted Harris’ remarks as a step towards greater mainstream acceptance of digital assets and expressed optimism about the future of DeFi.
But his optimism was quickly met with a wave of criticism from several influential voices in the crypto community.
Twitter user Eric Conner was among the first to question Adams’ stance, pointing to the ongoing legal pressure Uniswap faces …
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