As the U.S. crypto industry grapples with an ambiguous stance from the Biden administration, the focus is shifting towards Vice President Kamala Harris. Industry insiders are eager to understand her position on digital assets, especially as she navigates her roles as vice president and a presidential candidate.
Industry Engagement with the Administration
Meetings between crypto executives and White House officials have been ongoing. Notably, these discussions have included a senior adviser from Harris' office. However, these engagements have largely been one-sided, with little connection to her presidential campaign.
Crypto Support for Harris
Despite the lack of a clear stance from Harris, some in the crypto community are rallying behind her potential presidency. This week marks the launch of the "crypto4harris" initiative, starting with an online forum. Although these efforts are not formally linked to her campaign, they aim to encourage Harris to adopt a more open and reset-oriented approach to the crypto sector.
Voices from the Industry
Amanda Wick, a former federal prosecutor and current crypto consultant, is one of the key figures behind the push to get Harris to acknowledge the importance of the crypto industry. Veronica McGregor, Chief Legal Officer for Exodus, echoed this sentiment, emphasizing the industry's potential as a crucial voting bloc and fundraising source.
Engagement with the Harris Campaign
While there is no formal connection between the Harris campaign and the crypto4harris project, organizers maintain informal contact with her team. Wick suggests that there are signs of openness from the campaign, though specific details remain undisclosed.
Final Push Before the Election
As the November election approaches, the crypto industry continues to engage with political leaders in pursuit of clear regulatory guidelines. Recent efforts include a meeting between crypto business leaders and Deputy Secretary of the Treasury Wally Adeyemo, reflecting the industry's ongoing push for clarity and support.
Cheng Yuan
Bitcoinist
Cointelegraph