Democrats launch Harris for crypto campaign to strengthen pro-crypto talking points

Democratic Party lawmakers have launched a campaign to discuss crypto industry issues with Vice President Kamala Harris’ campaign team.

US Congressman Wiley Nickel announced on August 8 that he has joined the Crypto4Harris campaign and will attend the July 14 meeting alongside industry leaders such as Marc Cuban to help Kamala Harris win the crypto community’s vote.

Crypto4Harris on X is described as a crypto advocacy initiative focused on organizing and fundraising for Harris’ presidential campaign. The group has reportedly prepared a detailed crypto policy framework to support the campaign’s goals.

Kamala’s campaign team appears to be trying to repair the vice president’s relationship with the crypto community, which has been critical of the Biden administration’s approach to digital currencies. Pro-crypto Democrats are now calling on Harris to adopt a more positive stance toward digital assets, in opposition to rival Republicans who have remained steadfast in their pro-crypto stance.

Republican lawmakers led by former President Donald Trump have stepped up their efforts to attract crypto voters, a community that could potentially represent 50 million votes in the upcoming US presidential election.

At a crypto conference in Nashville in July, Trump attempted to link Harris to the Biden administration’s strict regulatory stance on the digital asset sector. While Harris has not publicly stated her position on crypto, Trump has told his followers that she does not support crypto, while his team has been working to actively engage with the crypto sector.

The former President’s allegations have given Kamala’s team a hard time and they will try to use Harris in their crypto campaign to counter Trump’s policies.

Congressman Ro Khanna recently held a phone call with senior White House officials along with several crypto leaders and former members of the Biden administration in what some saw as a last-ditch effort to connect with the crypto industry.

Paul Grewal, chief legal officer of cryptocurrency exchange Coinbase, said he believes the industry’s concerns were addressed during the talks but no concrete commitments were made during the talks.

While some crypto enthusiasts on X expressed concern about the Democrat’s recent shift to a pro-crypto stance, some said the party’s decision came a little too late.