KEYTAKEAWAYS
- Crypto4Harris organizes town hall with prominent speakers to reset industry's ties with VP Harris.
- Group aims to prepare potential Harris administration for crypto-friendly policies and appointments.
CONTENT
Grassroots network plans Wednesday town hall featuring lawmakers and crypto experts, aiming to engage with Harris campaign and develop nuanced crypto policy approach for potential presidency.
A newly formed grassroots network, Crypto4Harris, is set to host a pivotal town hall on Wednesday evening, marking a significant effort to rebuild the cryptocurrency industry’s relationship with Vice President Kamala Harris. The initiative, which began organizing about two weeks ago, seeks to engage meaningfully with Harris’s presidential campaign and develop a comprehensive crypto policy approach.
The people have spoken 🏛️🏛️🏛️
We’re excited to share our next two speakers for the@Crypto4Harris Town Hall tomorrow night:
From New York City: @RepDanGoldman
And from Las Vegas, NV: @RepHorsfordShaping to be quite an evening 😎🗽 pic.twitter.com/wTNg8obS0x
— Crypto4Harris (@Crypto4Harris) August 14, 2024
Jonathan Padilla, one of the organizers and founder of Snickerdoodle Labs, emphasized that the upcoming event is just the starting point of their broader goal. “We aim to engage with the Harris campaign in a meaningful way and essentially do a formal reset,” Padilla stated in an interview with The Block.
The town hall boasts an impressive lineup of speakers, including Democratic Representatives Ritchie Torres, Wiley Nickel, and Adam Schiff, alongside industry figures such as Crypto Council for Innovation CEO Sheila Warren and billionaire Mark Cuban. This diverse panel underscores the group’s commitment to fostering a nuanced dialogue on cryptocurrency issues.
Crypto4Harris describes itself as a network dedicated to organizing, fundraising, and developing a sophisticated crypto-policy approach for Harris’s potential presidency. Their efforts come at a time when cryptocurrency has become a significant topic in the upcoming election season, with millions of dollars flowing into super PACs and candidates like Donald Trump promising to end what he calls an “unlawful and un-American crackdown” on the U.S. crypto industry.
While Harris has not yet taken a public stance on cryptocurrency, sources suggest that her campaign team has expressed interest in learning more about the industry. This openness presents an opportunity for Crypto4Harris to influence future policy directions.
Rep. Wiley Nickel, one of the speakers at the town hall, expressed enthusiasm for the initiative, stating, “As Democrats, it’s important that we encourage digital innovation while protecting American consumers.” Similarly, Rep. Yadira Caraveo, who will also speak at the event, emphasized the bipartisan nature of crypto issues.
Looking ahead, Crypto4Harris aims to prepare for a potential Harris administration by focusing on policy development, fundraising, and identifying suitable candidates for key positions in regulatory bodies such as the U.S. Treasury Department and the Securities and Exchange Commission.
As the cryptocurrency landscape continues to evolve, initiatives like Crypto4Harris highlight the industry’s growing political engagement and its efforts to shape future regulatory frameworks.
>> Also read: Kamala Harris Overtakes Trump in Polymarket’s $572M Presidential Prediction Market
