Representatives for Kamala Harris will meet with cryptocurrency industry leaders in Washington on Monday. The event aims to engage pro-crypto voters ahead of the November elections.
Points
- Kamala Harris’ representatives to meet with crypto leaders in Washington.
- The meeting follows the Bitcoin 2024 Conference in Nashville.
- Crypto is a critical theme for the upcoming US elections.
- Democrats seek to reset their relationship with the crypto industry.
- The outcome could influence crypto policies and voter sentiment.
Representatives for Kamala Harris are set to meet with cryptocurrency industry leaders in Washington on Monday. This event, occurring shortly after the Bitcoin 2024 Conference in Nashville, highlights a strategic move to engage pro-crypto voters as the November elections approach. Crypto has emerged as a pivotal issue in the US electoral landscape, with politicians recognizing its significance among voters.
Democrats to Host Crypto-Focused Meeting
According to Fox Business journalist Eleanor Terrett, California’s 17th congressional district representative, Congressman Ro Khanna, will host the meeting. The event will feature crypto industry leaders, Democratic politicians, and representatives from the Harris campaign. This initiative signifies a renewed push from pro-crypto Democrats to establish a fresh start with the industry.
With approximately 52 million Americans owning crypto, the sector has become a political imperative. Republicans, led by Donald Trump, have capitalized on this, with Trump making bullish remarks at the Bitcoin 2024 conference.
A Volatile Exit
The Democratic party, under the current administration, has historically opposed the crypto sector. However, the planned meeting suggests a shift, indicating that pro-crypto Democrats are aiming to rebuild relationships with the industry. Recent reports indicate Harris is exploring the crypto sector, signaling an openness to crypto and emerging technologies.
House Democrats, including Khanna, have urged the Democratic National Committee （DNC） to integrate pro-crypto language into the party’s platform. They recommend appointing a pro-innovation chair for the Securities and Exchange Commission （SEC） and increasing engagement with the industry. Additionally, there is a call for selecting a vice presidential candidate with strong digital asset policies.
Building Bridges
Cameron Winklevoss has emphasized the need for swift and concrete actions rather than mere words. He urged Harris to retire Gary Gensler before November, highlighting the importance of decisive action to win over the crypto community. Custodian Bank founder and CEO Caitlin Long also called for the end of Operation ChokePoint 2.0, an alleged government plan to hinder crypto businesses.
As the Monday meeting approaches, the crypto market will be watching closely to see if Democrats can successfully appeal to crypto voters.
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