- The Digital Chamber, a digital asset trade association, urged presumptive Democratic nominee Kamala Harris to embrace the U.S. cryptocurrency industry as part of her would-be presidential campaign.
- The trade group recommended that Harris foster open dialogue with key crypto industry leaders, include pro-crypto language in the Democratic Party’s platform, and select a pro-crypto running mate.
- Harris emerged as the frontrunner for the Democratic nomination after President Joe Biden dropped out of the presidential race amid reports of dwindling donor funds and calls from Democrats for him to stand down.
Vice President Kamala Harris is being encouraged by the Digital Chamber, a digital asset trade association, to embrace the cryptocurrency industry as part of her potential 2024 presidential campaign. This comes after President Biden announced he will not seek reelection.
Background on Harris’ Nomination
- Harris emerged as the Democratic frontrunner after Biden dropped out due to lack of campaign funds and pressure from Democrats to stand down.
- Harris has received endorsements from key Democrats including former President Bill Clinton, Hillary Clinton, and California Gov. Gavin Newsom.
- Biden endorsed Harris in a social media post, saying “Democrats—it’s time to come together and beat Trump.”
- Harris accepted the endorsements in a statement, saying she intends “to earn and win this nomination.”
Digital Chamber’s Requests
In a letter sent Monday, the Digital Chamber made the following requests to Harris:
Foster Dialogue with Crypto Leaders
The group recommends Harris meet with key crypto industry leaders to discuss the space.
Include Pro-Crypto Language
The letter advises Harris to add pro-crypto positions to the Democratic Party’s platform.
Select a Pro-Crypto Running Mate
This is aimed at repairing the party’s relationship with crypto companies and holders.
Conclusion
The Digital Chamber sees Harris’ expected candidacy as a chance to change the perception that Democrats oppose cryptocurrencies. Whether she becomes the nominee remains uncertain, but the group argues embracing crypto tech is in the best interest of Americans.
