US Vice President Kamala Harris’s potential presidency could see a more favorable stance on cryptocurrencies. According to Reuters, leading figures in the crypto industry and an advocacy group are organizing a fundraiser, aiming to gather $100,000 to back Harris’s campaign and encourage more supportive cryptocurrency regulations.
Event Scheduled for September 13
The group has planned a significant fundraising event in Washington on September 13. Ticket prices for the event range from $500 to $5,000, and it aims to bring together prominent cryptocurrency investors, industry advocates, and key figures from the crypto world.
Although Harris has been relatively quiet on the topic of cryptocurrencies compared to Donald Trump, insiders suggest she may adopt a more open and flexible approach. Many within the industry believe that her moderate stance on crypto regulations could provide substantial benefits.
Concerns Over Harris’s Unclear Position
Some in the crypto community, however, express concerns about Harris’s uncertain position on the issue. Nevertheless, the fundraising event is seen as a crucial opportunity for industry leaders to potentially sway Harris towards adopting more positive cryptocurrency policies.
Concrete Benefits for the Crypto Sector
Industry leaders and advocates view the fundraiser as a beacon of hope for better regulations. Here are some anticipated benefits:
– Increased clarity and support for crypto regulations.
– Boosted investor confidence through more favorable policies.
– Potential growth and innovation within the US crypto industry.
– Engagement and influence with policymakers to shape future regulations.
The initiative shows the industry’s commitment to advocating for a regulatory environment that fosters growth and innovation. While it remains uncertain how Harris will handle crypto policies if elected, the fundraising event underscores the sector’s proactive steps in shaping its future.