Coinbase CLO says he’s ‘encouraged’ by Harris campaign reaching out
With 63 days until the US election and early voting starting in September, single-issue crypto voters have a limited window to decide between Kamala Harris and Donald Trump.
Paul Grewal, the chief legal officer at cryptocurrency exchange Coinbase, said that despite the different approaches that major party candidates are taking in the United States 2024 presidential election, he was encouraged by the Democratic ticket.
In a Sept. 3 interview with Bloomberg, Grewal said Coinbase had been in touch with representatives from Democratic candidate Kamala Harris’ and Republican Donald Trump’s campaigns regarding their attempts to engage with the industry before the November election. The Coinbase CLO said Trump’s campaign had been “explicit” in its claims about embracing pro-crypto policies but hinted Harris officials also seemed to have an open-minded approach to digital assets.
“[W]e’ve been encouraged, even as the current administration under [Securities and Exchange Commission (SEC) Chair] Gary Gensler continues with its campaign of regulation by enforcement, the Harris campaign […] has reached out, has expressed an interest, and has begun discussions about what a new approach to crypto and digital assets could look like,” said Grewal.
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Author: Turner Wright
