• Chamber calls for a cryptocurrency-friendly stance in open letter to Vice President Kamala Harris.

Chamber calls for a cryptocurrency-friendly stance in open letter to Vice President Kamala Harris.

  • On July 22, the Digital Chamber released an open letter to U. S. Vice President Kamala Harris, urging her to take a more cryptocurrency-friendly stance if she wins the Democratic Party's presidential nomination in 2024.

  • The letter emphasizes the need for Harris to embrace the potential benefits of #digital assets and #blockchain technology, and says her campaign could play a key role in changing public perceptions of the Democratic Party's stance on these transformative technologies.

  • The letter outlines three key recommendations for Harris' campaign.

  • First, she advocates for the inclusion of pro-digital asset language in the Democratic Party platform, emphasizing the benefits and innovations of #blockchain technology.

  • Second, it recommends selecting a vice presidential candidate with experience in digital asset policy, and cites Colorado Governor Jared Polis as a candidate with extensive experience in this area.

  • And finally, it calls for engagement with industry leaders to develop supportive policy through an open dialog with digital asset and blockchain experts.

  • The Digital Chamber noted the perception that the Democratic Party has a negative view of digital assets, largely due to the cautious and sometimes Biden himself has publicly stated that he fully supports Harris's candidacy.

  • The announcement of the endorsement follows recent political events that have caused uncertainty in the #cryptocurrency market.

  • In a social media post on July 21, Biden announced that he would not seek re-election because he wanted to focus on his remaining presidential duties.

  • After Biden left office, attention was focused on how a possible Harris presidency would affect the regulation of cryptocurrencies.

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