Coinbase exec confirms talks with Kamala Harris campaign on crypto policy direction

Vice President Kamala Harris‘ squad has been reaching retired to cardinal players successful the crypto manufacture arsenic portion of an effort to mend the strained narration with the rapidly increasing sector, according to Coinbase’s Chief Policy Officer, Faryar Shirzad.

In an Aug. 21 post connected societal media level X, Shirzad revealed that helium has participated successful several discussions with the Harris team, covering topics specified arsenic fostering innovation, occupation creation, and user extortion successful the US.

His comments travel a caller connection by Brian Nelson, a elder argumentation advisor for the Kamala Harris statesmanlike campaign, which expressed enactment for pro-crypto policies.

Shirzad noted:

“The dialog had been an important archetypal step, and Brian Nelson’s connection is an encouraging 2nd measurement successful the close direction.”

Harris crypto moves

On Aug. 21, reports emerged that Nelson stated that Harris supports policies aimed astatine increasing the integer plus sector. This enactment besides extends to emerging technologies, signaling a broader clasp of innovation.

Nelson’s comments suggest that Harris whitethorn beryllium seeking to prosecute with the increasing crypto industry. Although Harris has not explicitly outlined her stance connected crypto, caller run actions hint astatine a imaginable displacement toward the sector. This improvement has sparked speech of a “reset” campaign, implying that Harris mightiness depart from the existent administration’s strict approach.

US lawmaker Rep. Wiley Nickel pointed retired that Nelson’s connection aligns with his propulsion for a crypto reset. He believes this determination offers the Democratic Party a accidental to support consumers portion retaining integer innovation successful the US.

He said:

“We person an important accidental to physique connected our conjugation of Democrats moving to support consumers and support integer innovation successful the United States.”

Despite these efforts, the crypto community’s effect to Harris’ run has been mixed. Venture capitalist Nic Carter expressed skepticism, stating helium does not judge successful this “phony pro-crypto pivot” and criticized Harris for making vague promises astir imaginable aboriginal changes alternatively than taking contiguous action.

The station Coinbase exec confirms talks with Kamala Harris run connected crypto argumentation direction appeared archetypal connected CryptoSlate.