Vice President Kamala Harris appears to be signaling a potential shift in her approach to the cryptocurrency sector, according to recent reports. While Harris has yet to release a detailed plan for promoting crypto, and her previous statements have emphasized the importance of consumer protection, her recent commentary indicates a more receptive posture.
Two external advisors to the campaign, who spoke on the condition of anonymity to discuss strategy, stated that her comments were partially intended to reassure investors. These investors are reportedly anxious that the Democratic presidential nominee might continue what they see as President Joe Biden’s critical views on the sector. This move towards conciliation comes amidst increasing pressure from the crypto industry, as well as concerns from within the Democratic party. Donors and cryptocurrency groups have significantly increased their political spending this year, and Democrats are concerned about alienating the millions of Americans who have invested in cryptocurrencies.
