Kamala Harris on crypto

Vice President Kamala Harris's campaign is making concerted efforts to rebuild relationships with the cryptocurrency industry, reaching out to major players such as Coinbase, Circle, and Ripple Labs. This initiative aims to counteract the growing support for Donald Trump among crypto supporters and to foster a more constructive dialogue within a regulatory framework that benefits the sector. Harris's advisers assert that this outreach is not primarily focused on securing electoral contributions but on establishing a pro-business image for the Democratic party, especially following criticisms of the Biden administration's regulatory stance. The initiative is part of a broader strategy to shift perceptions of the Democratic party as anti-business, as indicated by recent communications from industry leaders like Ripple's CEO. The timing is critical, as the crypto landscape is increasingly intertwined with political affiliations in the upcoming 2024 elections. Overall, Harris's campaign is positioning itself as an advocate for responsible innovation in the cryptocurrency space.