Vice President Kamala Harris has received a formal request from a coalition of leaders in the Web3 and decentralized finance (DeFi) sectors. This appeal, directed at her campaign team, aims to discuss crucial measures that could foster innovation within the U.S. blockchain and cryptocurrency landscape.
What Do Web3 and DeFi Leaders Want?
On Tuesday, over 20 prominent figures from the crypto industry, including Cleve Mesidor of the National Policy Network WOC Blockchain and Olayinka Odeniran from the Black Women Blockchain Council, endorsed the letter. The signatories highlighted the necessity for policies that uplift all developers within the sector.
Are Current Policies Excluding Vulnerable Communities?
The advocates pointed out that existing regulations hinder access to cryptocurrencies for marginalized groups. Despite being early adopters, communities like Black, Latino, Asian American, and Indigenous populations remain disconnected from traditional financial mechanisms. They urge for their insights to be incorporated into future policy frameworks.
- Advocates demand a voice in regulatory matters.
- They emphasize the need for policies fostering innovation.
- Inclusivity in financial access should be prioritized.
The request underlines the urgency of establishing a regulatory environment conducive to Web3 and DeFi innovation. As the situation unfolds, it remains to be seen how Harris will respond to these pressing calls for dialogue and collaboration on cryptocurrency matters.