Stand with Crypto Group Changes Harris’ Rating from ‘B’ to ‘Unknown’

Political Action Committee Stand With Crypto has downgraded Democratic candidate Kamala Harris’ ‘B’ rating to ‘Unknown.’

Harris’ previous “B” grade was based on a speech in which she said she would “invest in America’s future” and promote “innovative technologies like artificial intelligence and digital assets while protecting consumers and investors.”

However, Harris’ campaign does not include any crypto policies.

In contrast, the Republican campaign has a specific crypto policy that says “Democrats will end illegal and ‘un-American’ crypto oppression and oppose the creation of a central bank digital currency (CBDC).” The campaign also promises to “defend the rights of Bitcoin miners and ensure that every American has the right to self-custody their digital assets.”

Sources speaking to CoinDesk said the Democratic candidate’s campaign is keeping its digital asset policy comprehensive and high-level, and crypto will be emphasized here.

The campaign has been holding high-level discussions with crypto experts, including executives from Ripple Labs and Coinbase.

Speaking to CoinDesk, Coinbase Chief Legal Officer Grewal expressed optimism that the Harris campaign will be inclusive of the needs of the crypto industry, noting the progress both she and Republican nominee Donald Trump have made.

“All we’re asking for is sensible rules, and we’re going to follow them,” Grewal said, adding that he hopes crypto will remain a non-partisan issue.

Jeremy Allaire of Circle expressed the same wish in an interview with CNBC, and emphasized that this should be a neutral topic.