U.S. Rep. Ro Khanna is set to host a roundtable discussion between representatives of Vice President Kamala Harris’ campaign and crypto “industry leaders” on August 5.
According to Fox News correspondent Eleanor Terrett, the event represents a “renewed push” to “establish a fresh start with the industry.”
Bloomberg also Reported Prominent figures from Harris’s campaign are scheduled to participate in the roundtable.
Among the potential high-profile attendees is Anita Dunn, the outgoing senior White House adviser who became the first member of President Joe Biden’s inner circle to announce her exit from the administration.
Dunn announced that she will shift her focus to advising Harris’s largest political action committee, which is preparing to invest hundreds of millions of dollars to support Harris’ campaign through Election Day on November 5.
Other White House representatives expected to attend the discussions include Deputy Chief of Staff Bruce Reed and National Economic Adviser Lael Brainard.
It’s the latest attempt by Democrats to reshape how crypto enthusiasts view the party under a Biden administration. The general sentiment from the crypto community has been that Democrats have pushed policies that have weakened the industry.
Today, the scenario is different. Cryptocurrency expert David Plouffe, who previously worked with former President Barack Obama, is It said Harris Consultant.
Plouffe’s leadership roles in the crypto space include being a member of Binance’s Global Advisory Board and a Global Strategic Advisor to Alchemy Pay.
The White House has not explicitly stated that it is anti-crypto. In 2022, the Biden administration issued an executive order banning cryptocurrencies. urge The US Senate has issued an order requiring companies operating in this sector to responsibly manage digital assets and the underlying technology. This order came just months after the collapse of Terra Luna last May, which resulted in the loss of more than $600 billion in investor and consumer money.
Meanwhile, Republicans — particularly GOP nominee Donald Trump — have been actively using Bitcoin and other digital assets as a talking point to curry favor with the cryptocurrency industry.
Trump has also threatened to fire SEC Chairman Gary Gensler if he is elected.
Democratic Party leaders, including former White House executive Mo Vela, have responded to the GOP’s pro-crypto stance, calling it insincere political appeasement.