Democrats Must Seize the Chance to Change Crypto Narrative

By Al Wynn. (RealClear Policy). September 27, 2024.

In politics, a lot can change in a month. After the first presidential debate, Trump and the Republicans appeared to have significant momentum heading into November. Now, Vice-President Kamala Harris, buttressed by her running mate Minnesota Governor Tim Walz, can pave a new path forward for the party. Walz’s selection underscores the Harris campaign’s intention to fight for every state and every constituency. As we inch closer and closer to November, the presidential campaigns need all the wins they can get. Harris would do well to reflect on and court the voters who may feel abandoned by the larger party’s approach to certain industries and issues.

One of the many surprises of this election cycle is the emergence of new power players and the constituencies they represent—namely the cryptocurrency industry. Touting freedom of choice as an important aspect of her platform, that sentiment should extend to financial freedom, and with it, the pursuit of financial innovation. The Democratic National Convention has come and gone without much tangible change in the race. Now is the time for Harris to turn the page on crypto for the Democratic party as it becomes a larger part of all our economic and technological futures.

Read the full piece here: RealClear Policy

Kamala Harris says she will support crypto: Here are 3 steps that would show she’s serious

Tonya Evans. (Fortune). September 25, 2024.

At a fundraiser in New York City on September 22, Vice President Kamala Harris took a significant step by publicly expressing her support for emerging technologies, including artificial intelligence and cryptocurrencies, according to a report in Bloomberg. “We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors,” she said at the Cipriani Wall Street event, helping to raise $27 million.

For the first time as the Democratic nominee, Harris offered a glimpse into how her administration might approach digital assets. While her comments signal a promising proof of pivot, six weeks into her campaign, there is a growing urgency to address the concerns of pro-crypto voters. This demographic—especially the younger, politically energized, pro-crypto population—has been skeptical, if not outright alienated, by the current administration’s approach.

What these young voters are looking for is not just clarity on bitcoin but a comprehensive legal structure for all digital assets. They are also aware that former President Trump has made significant overtures to the crypto industry, particularly by appealing to Bitcoin maximalists.

Read the full piece here: Fortune.