- Kamala Harris did not attend Bitcoin 2024
- However, she aims to improve Biden’s crypto politics
- Her campaign is to support responsible innovation and practices
- She is going to meet with crypto industry leaders such as Ripple, Coinbase & Circle
The crypto community largely perceives Kamala Harris as part of the Biden administration, which has been heavily criticized for its strict regulations regarding cryptocurrencies.
Many believed she would come to the Bitcoin 2024 conference to draw attention to the crypto community and signal a change in the Democrats’ stance.
Actually, Kamala Harris was invited to speak at the conference but did not do so, which caused complaints from the crypto community. Nevertheless, she has been active in the crypto industry and can present her campaign regarding crypto differently.
What Signals About Kamala Harris’ Crypto Campaign?
Harris’ team is actively seeking meetings with major cryptocurrency companies such as Ripple, Coinbase, and Circle to discuss the direction of the crypto industry.
Perhaps this signals a more grounded stance towards the development of a cryptocurrency environment in which it’s not just the central Bitcoin, Ethereum, and stablecoins that matter.
In addition, her actions are more restrained and do not spark loud debates like Donald Trump’s impulsive initiatives.
This may demonstrate a commitment to supporting responsible innovation and business practices in the cryptocurrency sector. It would focus not only on crypto community attention and donations but also on establishing a positive relationship with the industry, positioning Democrats as supporters of its sustainable development and regulation.
What Are the Conclusions Regarding Kamala Harris’ Crypto Campaign?
Despite the careful moves, we can assume that we are seeing a fundamental shift in the Democrats’ position in the person of Kamala Harris and a measured but genuine ‘reset’ of Biden’s policies.
However, there are concerns that it is hard to find a more appropriate time to express a pro-crypto stance than at the Bitcoin 2024 conference, the skipping of which has remained a telling gesture for many in the crypto community.
We will continue to watch for her initiatives, particularly her actual moves if she wins the presidential election.
