Cryptocurrencies

A letter called for the Democratic National Committee to “include pro-digital asset language” in its platform and for Kamala Harris to consider a pro-crypto running mate.

Democratic members of the US House of Representatives and candidates running in 2024 have signed a letter calling for the party to change its “hostility” toward the digital asset industry following Vice President Kamala Harris becoming the prospective presidential nominee. 

In a July 26 letter to the Democratic National Committee (DNC) Chair Jaime Harrison, 14 House members, including Representatives Ro Khanna, Wiley Nickel, and Ritchie Torres, and 14 candidates running in various districts across the country urged the party’s leadership to take a “forward-looking approach” to digital assets and blockchain technology. Though some Democrats have voted in favor of certain pro-crypto legislation in Congress, the letter suggested that the party had an image problem concerning digital assets.

“[T]here is a public perception that the party holds a negative viewpoint on digital assets, largely due to the current SEC’s approach to these transformative technologies,” said the DNC letter. ”We believe this previous hostility does not reflect our Party’s progressive, forward-looking, and inclusive values. A refreshed leader of the ticket represents an opportunity to change that perception.”

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