Progressives Sound Alarm as Harris Courts Crypto Industry

Source: Common Dreams

“Democratic presidential nominee Kamala Harris’ increasingly open embrace of cryptocurrency during her 2024 bid for the White House has sparked alarm among progressives, who have pointed to the still-nascent industry’s pervasive fraud and opposition to regulatory guardrails as all the evidence the vice president should need to end her courtship of the sector. Semaforreported Thursday that in addition to speaking publicly about ‘a friendlier approach to cryptocurrency than President Joe Biden’, Harris is ‘dispatching aides to court well-heeled crypto investors and their Democratic allies in Congress’. ‘Harris debuted her newly crypto-coded message in remarks to Wall Street donors this past weekend,’ the outlet added, ‘and her campaign’s quiet work with crypto allies indicates that she sees a space to compete on that turf with former President Donald Trump — who this month endorsed a still-unclear crypto platform launched by his sons.'” (09/26/24)

https://www.commondreams.org/news/kamala-harris-crypto