Harris Campaign Struggles to Gain Crypto Industry Support
Despite efforts from Democratic leaders, the crypto community remains unconvinced of Kamala Harris's stance on digital assets.
- A virtual town hall failed to clarify Harris's position on cryptocurrency, leaving industry leaders skeptical.
- Senate Majority Leader Chuck Schumer pledged to pass crypto-friendly legislation, but Harris's absence was noted.
- Crypto PAC Fairshake is investing heavily in key Senate races, targeting both supportive and opposing candidates.
- The crypto industry's financial influence in the 2024 elections is significant, with $120 million in outside spending.
- Critics argue that the Democratic Party's shift towards a pro-crypto stance is driven by substantial campaign contributions.