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International Business Times

Business

Marvie Basilan

Uniswap CEO Says Biden Miscalculating Crypto's Relevance In 2024 Election

Uniswap Joe Biden Crypto Hayden Adams Donald Trump Bitcoin Warren Hillary Clinton John Deaton Republican

U.S. President Joe Biden's government has not been very friendly to the crypto space, and he doesn't have much time to reverse it ahead of the elections, Uniswap's founder said. (Credit: AFP)

KEY POINTS

Republicans already "smell blood in the water," Adams pointed out
He warned that the Biden administration doesn't have much time for a reversal
Trump and several other GOP candidates have already been leaning toward the crypto space

U.S. President Joe Biden's campaign team and strategists are miscalculating the importance of the cryptocurrency industry during the election later this year, Hayden Adams, the founder and CEO of decentralized crypto exchange Uniswap, said Monday.

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