Kamala Harris Campaign Seeks to Rebuild Ties with Crypto Industry, Reaches Out to Coinbase, Ripple, and Circle

• Democratic Congressman Ro Khanna is reportedly seeking to host a meeting to facilitate Vice President Kamala Harris’ campaign to build connections with the cryptocurrency industry.
• Khanna, known for his strong pro-crypto stance within the Democratic caucus, initially planned a Monday Zoom meeting between Harris’ team and industry participants. However, this meeting was rescheduled for later in the week, per Fox Business journalist Eleanor Terrett.
• According to Terrett’s tweet, which cites “three people with direct knowledge of the matter,” the proposed attendee list included high-profile crypto stakeholders, National Economic Advisor Lael Brainard, White House Deputy Chief of Staff Bruce Reed, and Anita Dunn, a Biden adviser recently transitioning to support a pro-Harris super PAC.

Vice President Kamala Harris is considering engaging with the cryptocurrency sector to strengthen her campaign’s relationship with digital asset enthusiasts and stakeholders.

Efforts to Engage the Crypto Community

Signs point to an increased openness from Harris’ campaign towards the cryptocurrency sector. Notably, the hiring of David Plouffe, a former Obama adviser who also served on Binance’s Global Advisory Board, indicates a strategic shift. Additionally, Harris’ team has reportedly extended outreach to major crypto firms such as Coinbase, Ripple, and Circle, aiming to rehabilitate the Democratic Party’s rapport with the digital assets community.

Context of Harris’ New Strategy

The pivot emerges as former President Donald Trump, previously an outspoken critic of cryptocurrencies, seeks to rebrand himself as a proponent of digital assets. This evolving landscape underscores the political significance and growing influence of the cryptocurrency sector. By leveraging experienced advisors and targeting strategic partnerships, Harris aims to regain trust and support from a robust community that values innovation and economic freedom.

Conclusion

In summary, Vice President Kamala Harris is taking tactical steps to bridge the gap between her campaign and the cryptocurrency industry. By engaging experienced advisors and key industry stakeholders, she aims to rebuild a positive relationship. This strategic move not only reflects the growing importance of the digital asset sector in the political arena but also signifies a potential shift in how political figures understand and interact with the crypto community. As developments unfold, it will be crucial for Harris to align her campaign with the priorities and values of crypto enthusiasts.