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Crypto Democrats rally behind Harris campaign in push for policy revamp

Economic TimesEconomic Times Ā· 3m
Crypto Democrats rally behind Harris campaign in push for policy revamp

A group of cryptocurrency advocates, including Mark Cuban and Anthony Scaramucci, is urging Kamala Harris to reset the Democratic party's stance on digital assets. The group, called Crypto4Harris, wants to support her electoral campaign and end the Biden administration's crackdown on the cryptocurrency industry. They are planning grassroots fundraisers and engaging with the Harris campaign to push for more crypto-friendly policies. The group's efforts aim to reclaim the issue of cryptocurrency from the Republican side and foster bipartisan regulation. The SEC's enforcement actions and stance on crypto have caused concerns among Democratic lawmakers and voters. Harris' campaign has shown some openness to tech innovation but has not taken a definitive stance on cryptocurrencies.

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