Walz has previously advocated for more stringent crypto regulations, to ensure the stability of the legacy financial system.
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Kamala Harris, the Vice President of the United States, has revealed her running mate for the 2024 US presidential elections.
Harris has reportedly chosen Minnesota Governor Tim Walz as her vice presidential pick, according to four unknown sources familiar with the matter, who told CNN.
Walz has served over 12 years in Congress and is currently in his second term as Minnesota governor.
Harris’ choice for a running mate could have significant implications for the cryptocurrency industry, considering that Governor Walz is known for his more stringent, regulatory-focused approach to the crypto industry.
Related: Transak becomes first US crypto on-ramp to enable wire transfers
This is a developing story, and further information will be added as it becomes available.
This article first appeared at Cointelegraph.com News