Cryptocurrency supporters of Vice President Kamala Harris are reportedly mobilizing to host at least eight fundraising events in major U.S. cities to bolster her upcoming campaign.
Crypto Industry Seeks Change
Called the Crypto4Harris initiative, the events will take place in locations including Miami, Atlanta, Los Angeles, New York, Dallas, Chicago, San Francisco, and Philadelphia in late September and early October, according to Bloomberg.
Co-organizer Amanda Wick told Bloomberg of the importance of these fundraisers as a platform to “elevate the crypto industry’s profile in Harris’ campaign.” The goal is to encourage the vice president to adopt policies that are more favorable to the decentralized finance (DeFi) sector.
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The crypto landscape has come under increased scrutiny under the Biden administration as regulators like the Securities and Exchange Commission (SEC) have taken action against a number of crypto companies.
At the same time, legislative efforts that could ease the operational burden on crypto companies have stalled in Congress. Wick noted the general sentiment in the crypto community by stating:
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