Kamala Harris is Considered Not Pro-Crypto Due to Town Hall Meeting

Bittime - Efforts by pro-Democrat crypto leaders to support Kamala Harris' campaign, even though Harris has not shown a proactive stance towards the crypto industry.

Crypto for Harris Town Hall Meeting

The Crypto for Harris town hall meeting finally took place. Pro-Democrat crypto leaders met with White House officials to discuss regulations and industry progress. 

The new network aims to develop various crypto policy approaches to support Kamala Harris's Presidential campaign.

Biden Administration Is Hostile to Crypto

In the last four years, the Biden administration has taken a fairly hostile approach towards crypto assets, which industry players have not liked. Additionally, the United States Stock Exchange has been relaxed about implementing clear regulations for crypto assets.

Read Also: GM Tokens Apply Transaction Tax on Purchases and Sales!

Democratic Party Members Support Kamala Harris

With the Crypto for Harris campaign, some members of the Democratic Party are trying to support Kamala Harris, who describes herself as a different candidate than Joe Biden. 

At yesterday's event, several pro-crypto Democrats stated that with Kamala Harris, “we have a clean record” and will not be like Biden when it comes to crypto policy.”

Kamala Harris is considered not pro-crypto

However, unlike Donald Trump, his Republican opponent, the Vice President has not made any personal efforts to reach out to the crypto industry.

Additionally, it is clear that Harris will not follow what is said about crypto as the US government has sold its Bitcoin Holdings. Industry players Crypo have contacted Harris.

Conclusion

According to a town hall meeting called “Crypto for Harris”, there is an effort by pro-cryptocurrency members of the Democratic Party to support Kamala Harris in her campaign and differentiate her from Joe Biden's policies which are considered hostile towards crypto assets. 

However, Harris herself has not shown a proactive stance towards the crypto industry, as has Trump, her Republican opponent. 

Although some Democrats support Harris, the crypto industry does not think it provides enough support or understands its importance, especially after the US government sold its Bitcoin holdings. 

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