A group of top cryptocurrency industry executives participated in a conference call with White House officials and an adviser to Vice President Kamala Harris on Thursday to share their concerns about current and future cryptocurrency regulations. However, White House officials and Harris’ adviser made no commitments, according to media reports.
The meeting is seen as a strategic effort to shape Harris’ policy on crypto-related issues, as She has not clearly expressed her position on the regulation of cryptocurrencies. According to media reportsCryptocurrency industry executives have called on the Biden administration to provide regulatory clarity in the digital asset space, subtly suggesting the removal of SEC Chairman Gary Gensler.
Who was present at the meeting?
Participants on the call included executives from Coinbase, Ripple, Kraken, and Circle, as well as venture capitalists Mark Cuban, Chris Dixon, and Ron Conway. On the government side, the call included White House Deputy Chief of Staff Bruce Reed, National Economic Advisor Lael Brainard, Deputy Treasury Secretary Wally Adeyemo, and Kristine Lucius, senior advisor and director of legislative affairs to the vice president.
Thursday’s meeting was hosted by Democratic Rep. Ro Khanna of California, known as a pro-crypto leader and was a speaker at the Bitcoin conference in Nashville, Tennessee, in July.
Harris tries to compete with Trump
Republican presidential candidate Donald Trump has shown unwavering support for cryptocurrency this election year. He attended the Bitcoin Conference and Promised to Create a Bitcoin Reserve if Elected. In May, he declared himself a ‘crypto candidate’ at a gala at Mar-a-Lago. Later he announced that he would accept donations in Bitcoin, Ether, Dogecoin, Solana and other cryptocurrencies.
Crypto Community Wants to Hear Harris’ Opinion
Harris’ experience with the technology industry puts her in a good position to talk about crypto. Harris has rarely spoken openly about crypto, but now she has the opportunity to make her views on crypto regulations and policies known. Digital Chamber, a leading digital asset trade association, has urged Kamala Harris will support the US cryptocurrency industry if she becomes the Democratic presidential nominee.
Meanwhile, with less than 100 days to go until the presidential election, cryptocurrency-based betting platform Polymarket has predicts equal probability of Harris and Trump winningeach with a 49% chance. The two candidates are scheduled to participate in a presidential debate on September 10.
