Candidate Harris Unlikely to Make Comprehensive Crypto Policy before Election: Source
Vice President Kamala Harris is unlikely to fully clarify her views on cryptocurrency before the upcoming U.S. elections, according to sources familiar with her campaign. While there has been progress in the campaign’s policy views on digital assets, insiders suggest that Harris’s comments will remain broad and high-level, without providing a detailed stance on the matter. The campaign has been engaged in discussions with industry executives and insiders, including representatives from Ripple Labs and Coinbase Inc. However, it is unlikely that a detailed crypto policy will be released before voters make their decision. Paul Grewal, Coinbase’s chief legal officer, expressed encouragement at the response from the Harris campaign but acknowledged that policy choices may take time. It is important for industry participants to be realistic and patient in their expectations, as developing fully thought-out regulatory approaches for crypto is a complex and time-consuming process. The Harris campaign did not immediately respond to a request for comment on its specific crypto-policy strategy.