As a seasoned crypto investor with a keen interest in the regulatory landscape, I can’t help but be intrigued by Jesse Powell’s recent announcement of his $1 million donation to Donald Trump’s 2024 Presidential campaign. Given my experience in the industry and the ongoing regulatory challenges we face, I wholeheartedly agree with Powell’s stance on Trump’s favorable policies towards cryptocurrencies.
In an unexpected development, Jesse Powell, the co-founder of Kraken, revealed his intention to contribute a substantial amount of $1 million, predominantly in Ether, to Donald Trump’s 2024 presidential campaign. Powell publicly endorsed Trump, emphasizing him as the leading candidate from the major parties who advocates for cryptocurrency-friendly policies.
In a recent tweet, Powell stated that he personally donated one million dollars, primarily in Ethereum, to @realDonaldTrump. He underscored his conviction that Trump’s views on cryptocurrency would be advantageous for the sector.
I’ve recently made a significant contribution of around $1 million, predominantly Ethereum, to @realDonaldTrump. For far too long, the crypto industry has faced criticism from figures like Elizabeth Warren and Gary Gensler. Despite widespread bipartisan initiatives in Congress aiming to establish clear regulations, the current Biden administration has yet to provide definite guidelines on this matter.
— Jesse Powell (@jespow) June 28, 2024
Powell expressed criticism towards the regulatory initiatives of the Biden administration, specifically calling out Senator Elizabeth Warren and SEC Chair Gary Gensler for implementing overly strict regulations that may stifle innovation.
“Elizabeth Warren, Gary Gensler, and others have been critically targeting the crypto industry for an extended period, according to Powell. He expressed concern that these actions could potentially weaken America’s position in the global blockchain competition.”
Read More
- Ludus promo codes (April 2025)
- Cookie Run: Kingdom Topping Tart guide – delicious details
- Unleash the Ultimate Warrior: Top 10 Armor Sets in The First Berserker: Khazan
- Cookie Run Kingdom: Shadow Milk Cookie Toppings and Beascuits guide
- Grand Outlaws brings chaos, crime, and car chases as it soft launches on Android
- Grimguard Tactics tier list – Ranking the main classes
- Fortress Saga tier list – Ranking every hero
- Tap Force tier list of all characters that you can pick
- ZEREBRO/USD
- Val Kilmer Almost Passed on Iconic Role in Top Gun
2024-06-28 12:07