Former 2024 presidential candidate Vivek Ramaswamy weighed in on how Kamala Harris would approach the crypto industry in an interview with CNBC on August 13.

Ramaswamy stated that he believes Harris can change her language and approach in order to win votes from the cryptocurrency community. He stated that this change could be attributed to Trump making crypto a campaign issue.

Ramaswamy argued that in order to evaluate the sincerity of Harris’ statements towards the crypto industry, it is necessary to look at how much detail he provides on critical issues such as self-custody.

According to Ramaswamy’s statements, Harris’s sincerity in crypto policy should be evaluated not only with general statements but with clear and specific policies on this issue.

For example, he said his views on Gary Gensler’s role as chairman of the Securities and Exchange Commission (SEC) should be made clear. Ramaswamy emphasized that Harris’ stance on these issues is important for crypto investors and the community and that providing accurate information is essential.

The uncertainty around Harris’ crypto policy has created concern among voters who expect clear and specific policy proposals, especially on digital assets. This uncertainty has brought criticism in terms of regulatory actions and statements regarding the crypto industry.

The US Federal Reserve’s recent regulatory action against Customers Bank, a crypto-friendly banking institution, has sparked a backlash against Harris’ campaign. Prominent figures in the crypto industry have begun to question the sincerity of Harris’ alleged crypto “revamp” approach.

Gemini co-founder Tyler Winklevoss described these regulatory actions as part of Operation Chokepoint 2.0. Operation Chokepoint 2.0 is known as a systematic attempt to isolate the crypto industry from traditional banking services.

Winklevoss suggested that these actions demonstrate efforts to create economic and operational challenges by targeting the crypto industry. This situation has caused great concern in the crypto community, and it is wondered what attitude Harris will take on this issue.

The Trump campaign saw this uncertainty and regulatory actions as an opportunity. The former President expressed his views on crypto at the Bitcoin 2024 conference in Nashville, Tennessee, and brought up potential policies such as paying off the US national debt with Bitcoin.

He also warned the Biden administration against selling US Bitcoin assets. Trump’s statements on crypto give the impression that he is trying to gain support among crypto investors by highlighting this issue in his campaign.

While Kamala Harris and Tim Walz’s uncertainty about cryptocurrency regulation creates concern among voters who expect clear policy positions on digital assets, it is noteworthy how Trump uses this issue as a campaign strategy.

The future and regulatory environment of the crypto industry continues to be shaped in light of these uncertainties.