- Kamala Harris' marketing campaign has postponed a key assembly with main gamers within the crypto trade.
- The delay sparked hypothesis concerning the want for Democrats to solidify their crypto coverage.
- The cryptocurrency is eagerly awaiting the brand new date of the rescheduled assembly.
Based on Fox journalist Eleanor Terrett, a extremely anticipated assembly between Kamala Harris's presidential marketing campaign and main gamers within the crypto trade has been postponed to a brand new date with out additional discover.
Terrett famous that the explanation for the delay stays unclear. However insiders speculate that Democratic leaders may have extra time to solidify their official coverage stance on cryptocurrencies earlier than getting concerned within the trade.
Notably, the assembly with high crypto trade gamers and White Home officers seeks to neutralize the Democratic Celebration's recognized anti-crypto stance, permitting Harris to reposition herself as a extra crypto-friendly candidate. His objective is to win over the cryptocurrency group within the fast-approaching US election.
The cryptocurrency trade has emerged as a key constituency within the US presidential election, with an estimated 50 million People invested in digital property. Each Kamala Harris and Donald Trump are vying for the help of this influential group, searching for to leverage their marketing campaign contributions and votes.
Trump was fast to acknowledge the potential of the crypto group, participating with it earlier this yr and positioning himself as an advocate for deregulation. In doing so, he sought to capitalize on widespread discontent amongst high trade gamers annoyed by the Biden administration's aggressive regulatory agenda.
A number of weeks in the past, Trump electrified a bitcoin convention in Nashville, drawing an enormous viewers of crypto fanatics who cheered as he made two promising blockbusters. The previous president vowed to show America into the crypto capital of the planet and vowed to oust notorious SEC Chairman Gary Gensler on day one if re-elected to the White Home.
In consequence, Democrats now really feel stress to articulate a transparent and compelling imaginative and prescient for the way forward for digital property on the upcoming assembly. California Democratic Rep. Ro Khanna is anticipated to host the assembly. It would characteristic the pinnacle of the Nationwide Financial Council, Lael Brainard, Anita Dunn, senior adviser to President Biden, and White Home Deputy Chief of Workers Bruce Reed.
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