Representatives of Kamala Harris will meet with crypto industry leaders in Washington on Monday, just a week after the Bitcoin 2024 conference in Nashville, underscoring the presidential candidate’s desire to win over crypto enthusiasts. Cryptocurrencies remain one of the most important election issues, and politicians recognize their importance for winning the presidential race.
Democrats Host Meeting With Crypto Industry Leaders
Rep. Ro Khanna of California’s 17th Congressional District will host a meeting in Washington on Monday that will bring together cryptocurrency industry leaders, Democratic politicians, and representatives of the Harris campaign, according to Fox Business’ Eleanor Terrett.
“California Congressman Ro Khanna will host another meeting in Washington on Monday for crypto industry leaders, Democratic politicians, and the Kamala Harris campaign. The move marks a renewed effort by Democratic crypto advocates to start a new relationship with the industry,” Terrett noted in a recent post.
According to the latest data, more than 52 million Americans own cryptocurrencies. Republicans led by Donald Trump continue to use their first-mover advantage to attract the crypto-voting community.
Meanwhile, Democrats represented by the current administration have previously opposed the sector’s development. Harris’s actions now signal a renewed effort by Democrats to reset the party’s relationship with the industry.
Democrats Push Pro-Crypto Platform and VP Pick
Earlier, House Democrats, including Khanna, called on the Democratic National Committee (DNC) to include pro-cryptocurrency rhetoric in the party platform. They also recommended appointing an innovation advocate as chairman of the Securities and Exchange Commission (SEC) and increasing engagement with the industry.
Other suggestions include choosing a vice presidential candidate with strong digital asset policies. Harris is reportedly already considering potential vice presidential candidates, aware of the impact the choice will have on her candidacy in November.
Users of the Polymarket platform, meanwhile, estimate her chances of winning the elections at 44%.
Community members will be watching the upcoming meeting closely to see if the Democrats can appeal to crypto voters.
“Beware of the Big Bluff. Harris and her advisors are trying to ‘reset’ relations with the crypto industry. Let’s be completely honest: Kamala Harris, please don’t bother if you are not prepared to take swift, bold, and concrete action. You can’t tear down bridges for four years and expect to rebuild them with words alone. As President Trump pointed out last weekend, we are a high-IQ industry. You and your party have removed President Joe Biden, so you can certainly remove Gary Gensler before November. Show us what you can do,” said Gemini founder Cameron Winklevoss.
Custodian Bank founder and CEO Caitlin Long also called on Harris to fire the initiators of Operation ChokePoint 2.0, the US government’s purported plan to weaken the crypto sector. During the Bitcoin 2024 conference, Trump said he would shut down the initiative if elected.
