Kamala Harris Campaigns Attempts To Mend Ties With Crypto Sector

The 2024 US Presidential election is nearer than ever, and candidates are making all the remaining efforts to secure more voters. As it stands, one of the biggest sectors with a juicy chunk of voters still up for grabs is the crypto sector, and Kamala Harris wants it all for herself. 

More on Kamala: Kamala Could "Reset" Democrats Mind on Crypto, Says Blockchain Association CEO

Anyone who followed the Biden administration knows how anti-crypto Biden used to be until some moments before his withdrawal from the presidential race. Apparently, Biden’s previous stance on crypto has driven the crypto voters right into the arms of the self-acclaimed “Crypto President”, Donald Trump himself. 

Members of Kamala Harris’ team have contacted some of the big players in the crypto industry in an attempt to regain these crypto voters. In their efforts to “kiss and make up” with them, the team has contacted crypto companies, including Coinbase, Circle, and Ripple Labs. 

While the exact details of the communications are unknown, the goal is reportedly to restart a more constructive dialogue to establish a regulatory framework that will help the crypto industry thrive. But is this make-up session not too late?

It is already quite obvious that the crypto industry has increased support for Kamala’s biggest opposition, Donald J. Trump. Trump has long since connected with the big names of crypto, like the Winklevoss twins and Mark Cuban, among others. He has even received millions in crypto donations to his campaign and already has a number of meme coins linked to him. 

With all of Trump's moves, the crypto vote seems pretty much already decided, but never say never, right? Kamala is also really putting in the work. Apart from the talks held, the Democratic members of the US House of Representatives have also signed a letter highlighting the importance of stopping the Democratic Party’s hostility towards crypto.

From an outsider’s perspective, anyone may think all these efforts are an over-the-top act to give the Democratic Party a second chance with the crypto community. However, some advisers from the Harris campaign have come out to say that their actions are not just to get votes but are clearly intended to build a good relationship that can create a sensible regulatory framework. 

All in all, it’s a good innovation. The Democratic party is currently in power, and the government's good regulatory outlook on crypto is definitely good news for crypto and the crypto community. But the question remains if these last-minute attempts to get in the good graces of the crypto community are not too last minute.

In truth, until the day of the election, anything could still happen. Even Trump used to be anti-crypto a few years back, and now he has become the “Crypto President”. Talk about a miracle! So maybe, just maybe, there’s a miracle in store for Kamala Harris, too. 

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