First statement on cryptocurrency! Is He Jinli's "encryption friendly" statement just empty talk or a positive signal?

According to a previous report by Zombiet, Democratic presidential candidate Kelly Ho made her first statement on cryptocurrency related issues when promoting her economic agenda to donors at the Cipriani fundraising event in New York City, claiming that her election would help drive investment in artificial intelligence and cryptocurrency. Although He Jinli has not disclosed many policy details or attitudes, this incident is still fermenting in the cryptocurrency industry, triggering widespread discussions on both sides.

Optimistic view of He Jinli's friendly statement

Faryar Shirzad, the policy director of Coinbase, stated on her community platform that He Jinli's "Cryptocurrency Friendly Statement" is important and constructive, as it demonstrates to the public that she believes digital asset innovation is equally important as artificial intelligence; And she realized that there is a path that can promote innovation while protecting consumers and investors. In addition, Faryar Shirzad believes that this statement was made after weeks of contact with her inner circle, who have a thoughtful and open attitude towards cryptocurrency.

On the other hand, Hayden Adams, CEO of Uniswap Labs, Adams Cochran, Partner at CEHV, Alexander Grieve, Vice President of Policy Affairs at Paradigm, TuongVy Le, General Counsel of Anchorage, and others also believe that He Jinli's friendly statement is a positive signal that regardless of who is elected, the regulatory framework for cryptocurrencies in the future will become increasingly clear.

Talking empty words for the election

However, there are also many people who question He Jinli's statement. For example, Jake Chervinsky, the legal director of Variant, pointed out that although He Jinli's statement is a progress for the cryptocurrency industry, the accompanying statement of "protecting both our consumers and investors" may mean many different things. Jake Chervinsky said:

The anti cryptocurrency camp often uses' consumer protection 'as a cover to conceal their attempts to destroy our industry. I personally hope to see specific policy details

In addition, many people criticize that SEC Chairman Gary Gensler has always claimed to "encourage innovation while protecting investors," but the cryptocurrency industry has been suppressed in essence, and those who are excited about He Jinli's remarks are just self medicating.