Kamala Harris Eyes Pro-Crypto Stance After Meeting with Crypto Leaders

Crypto Leaders Meet with the White House to Discuss Policy 

California Congressman Ro Khanna, along with several key White House officials, hosted the meeting via Zoom. The meeting included a variety of important figures from both the government and the crypto industry. The goal was to address ongoing issues between the current administration and the crypto sector. 

Government Attendees: 

• Deputy Treasury Secretary Wally Adeyemo 

• Kristine Lucius, Kamala Harris’s former Chief of Staff 

• Bruce Reed, White House Chief of Staff 

Crypto Industry Representatives: 

• Paul Grewal, Chief Legal Officer of Coinbase 

• Brad Garlingson, CEO of Ripple 

• Mark Cuban, Crypto Investor 

• Hayden Adams, Founder of Uniswap 

• Anthony Scaramucci, Founder of SkyBridge Capital 

• Ron Conway, Democratic Donor 

• Jeremy Allaire, CEO of Circle 

A Heated Discussion 

The meeting was tense from the start, with crypto executives expressing their frustration with the Biden administration. They pointed out what they felt was unfair treatment of the crypto industry by the government. Ron Conway, a significant donor and advocate for the crypto sector, criticized the administration for not taking any steps to support the industry despite his efforts to highlight its challenges over the past two years. 

The crypto leaders didn’t hold back in sharing their dissatisfaction. They made it clear that the current administration’s approach to crypto regulation has not been favorable. This frustration has led them to explore alternatives, particularly the potential support of Kamala Harris’s campaign. 

Harris’s Campaign and the Crypto Industry 

As the meeting progressed, it became evident that the focus was shifting from the Biden administration to Kamala Harris’s campaign. According to Paul Grewal, this meeting, while rooted in the current administration, set the stage for discussions about Harris’s potential role in shaping the future of crypto policy.  

Grewal noted that Harris could be the ideal candidate to champion the crypto industry, offering a fresh perspective and potentially breaking away from the past administration’s policies. 

Since being named the Democratic nominee, Kamala Harris’s campaign has increasingly engaged with the crypto community. Her team has held several meetings with crypto leaders to discuss various issues affecting the industry. This outreach has not gone unnoticed, with many in the crypto community rallying behind her campaign. 

Growing Support from the Crypto Community 

One notable group supporting Harris is the Crypto4Harris network. This group is focused on boosting support for Harris within the crypto community. Their efforts are part of a broader strategy to align the Harris campaign with the interests of crypto enthusiasts and industry leaders. 

As Harris’s campaign continues to engage with the crypto sector, her odds of winning the upcoming election have improved. According to Polymarket, a crypto prediction market, her chances of victory have risen to 49%. This puts her in a tight race with her primary contender, Donald Trump, as the presidential election draws nearer. 

The Future of Crypto Policy 

The recent meeting between crypto leaders and the White House marks a potential turning point in the relationship between the crypto industry and the Democratic Party. If Kamala Harris continues to gain support from the crypto community, her campaign could significantly impact the future of crypto policies in the United States. For now, all eyes are on how her campaign will navigate these discussions and whether she will emerge as a pro-crypto candidate.