On Friday, SkyBridge Capital founder Anthony Scaramucci revealed that Democratic presidential candidate Kamala Harris is developing her campaign's crypto policies.

Scaramucci and a group of crypto advocates are working with Harris to assist with the release before the November elections.

Scaramucci disclosed that these advocates strive to distance the Democratic Party from Elizabeth Warren and Gary Gensler's anti-crypto policies.

Warren and Gensler have been at the forefront of crackdowns and regulation by enforcement against the crypto industry during Operation Choke Point 2.0. Scaramucci stated, "There's a group of cryptocurrency advocates, bitcoin advocates, etc., that are working alongside her to distance the Democratic Party away from Elizabeth Warren and Gary Gensler."

Harris' Crypto-related Discussions

Harris has scheduled crypto-related talks this week to hear from various advocates. Top American business people, including Ripple Executive Chairman Chris Larsen, are among her supporters.

Scaramucci affirms that these efforts have made significant progress in the right direction. The crypto community is closely monitoring these developments.

Meanwhile, former President Donald Trump has also turned pro-Bitcoin in this crypto-focused election. This week, the Trump family launched a new crypto project, World Liberty Financial, signaling a strong interest in crypto.

Election Odds and Political Bias

Polymarket data reveals that Harris is leading Trump in the race, with 51% odds of winning against Trump's 48%. This comes after recent campaigns in swing states and poll results.

The crypto community believes that Democratic leaders' political bias toward crypto was evident during a recent crypto legislation hearing.

A memo circulated in Congress shows that Democrats essentially consider crypto a partisan innovation. They view the repeal of FIT 21 and SAB 121 as moves driven by "extreme MAGA Republicans."

Anthony Scaramucci also shared his bullish outlook on Bitcoin with the crypto community. The hedge fund manager projected a record-high $100K year-end target for Bitcoin. This optimistic forecast follows the 50 bps Fed rate cut and the ongoing presidential elections.