PANews July 26 news, according to Fortune magazine, although US Vice President Harris rejected the request of the Nashville Bitcoin Conference, people familiar with the matter revealed that the Harris team had actually seriously considered the invitation, which is news in itself. The leaders of the Democratic Party have always been ruthlessly hostile to cryptocurrencies, but the Democratic nominee is "negotiating" to address the issue of 30,000 Bitcoin holders, which reflects how much policy may change under Harris' leadership. The industry is now waiting to see whether Harris, who is relatively blank in encryption, can win back some encryption voters who have pledged to support Donald Trump because he promised to become a "crypto president." At the same time, some people in her party are already urging her to take a more favorable stance.
An unnamed crypto lobbyist and former White House adviser told Fortune: "Harris doesn't have a lot of time to redefine herself, she only has a short time to say with certainty that she is an independent." He estimates that Harris will clarify her views on cryptocurrencies in the coming weeks. Gary DeWaal, a former senior trial attorney at the U.S. Commodity Futures Trading Commission (CFTC), said he does not expect Harris to comment on cryptocurrencies before announcing her vice president candidate on August 7. He said: "This is her top priority now."
First, when Biden became president, many of his economic advisors were former colleagues of staunch cryptocurrency critic and Massachusetts Democratic Senator Elizabeth Warren. Harris does not have the same connections. The cryptocurrency lobbyist shared that Harris's technology advisors are considered pro-cryptocurrency and her husband Douglas Emhoff is a "crypto enthusiast." He added: "I expect she will change her position."
Harris’ more open stance toward cryptocurrencies and blockchain technology than Biden is consistent with her career representing California in the U.S. Senate, where she often advocated for Silicon Valley. During her time in public office, “[she] built great relationships with tech industry leaders,” DeWaal added. That included executives like Meta’s Sheryl Sandberg, with whom she developed a close relationship and earned a reputation as a pro-business politician.
