- The Digital Chamber group desires Kamala Harris to assist digital property
- The advocacy group has requested Harris decide a vp who understands the trade
- They consider the digital asset trade is making a “revolutionary shift” that Harris must champion
The Digital Chamber has written a letter to Vice President Kamala Harris calling on her to assist the digital asset trade, arguing that it holds “immense potential for innovation, economic growth, and financial inclusion.”
In a letter dated July 22, the crypto advocacy group included three requests to Harris. These have been to advertise the inclusion of pro-digital asset language inside the Democratic Occasion, select a Vice President candidate who understands the digital asset trade, resembling Colorado Governor Jared Polis, and have interaction with trade leaders.
In accordance with the Digital Chamber, Democratic leaders together with Speaker Emerita Nancy Pelosi and Senate Majority Chief Chuck Schumer assist pro-crypto laws. Nonetheless, because of the Biden and Harris administration, the general public view is that the Democratic Occasion holds a destructive stance on digital property.
In June, it was reported that President Joe Biden had vetoed a invoice geared toward overturning SEC crypto accounting requirements. Many within the crypto neighborhood argued it was a setback for innovation and monetary inclusion.
“We believe this previous hostility does not reflect the progressive and inclusive values of your Party,” the group wrote, including that over 50 million People have embraced digital property.
Champion Innovation
Highlighting the “revolutionary shift,” digital property can “enhance transparency, reduce fraud, and create a more inclusive financial system,” the Digital Chamber wrote.
The advocacy group is urging the Harris administration to “champion these improvements to assist reaffirm the US’ place because the chief within the international digital economic system.
Following the information that Biden received’t be looking for re-election this yr, Harris was endorsed as his potential successor.
Since then, Harris meme tokens have jumped in worth. As an illustration, the Solana-based memecoin KAMA elevated by greater than 60% in 24 hours to $0.02512, in line with CoinMarketCap.
Harris has but to touch upon her place on crypto; nevertheless, the Digital Chamber ended their letter stating that they’re “hopeful” that via Harris’ management, “the Democratic Party can pivot towards a more supportive stance on digital assets.”