With Kamala Harris campaigning for president following President Joe Biden's decision not to run, her position on crypto remains unclear, although recent appointments hint at a shift to a more positive approach.
Harris has hired former Obama aide and former Binance Global Advisory Board member David Plouffe as her chief strategy advisor. Reuters He reported on Friday.
Prior to his move to the Harris Group last week, Plouffe served as a global strategic advisor to Alchemy Pie, contributing to the company's strategy, compliance and government relations.
It also hired Brian Nelson, former undersecretary for counterterrorism and financial intelligence at the U.S. Treasury Department, according to the report. Axios last month.
Nelson was involved in Treasury actions against Binance in November of last year for money laundering and sanctions violations.
However, Nelson's relationship with the industry is said to be open-minded and focused on controlling illegal activities without stifling innovation.
“Nelson worked together. [Harris] Cody Carbone, chief policy officer of the blockchain trade association Digital Chamber, said in Response Matt Hogan, chief investment officer at Bitwise, tweeted.
“He's kept a very open mind about crypto, and his policy team has gone above and beyond to engage with industry,” Carbone said. “He's very concerned about the illegal use of finance, but he doesn't paint cryptocurrency as toxic as others.”
Last month, Harris declined an invitation to speak at a Bitcoin conference, a move interpreted by some as a reluctance to engage or even consider a policy issue ahead of the November election.
Still, the appointments show Harris' willingness to engage with crypto industry participants as questions linger about her position on the property division.
Meanwhile, Harris gave a name Tim WaltzGovernor of Minnesota, as future Vice President.
Walsh's public statements on crypto have been largely absent, though last week he signed legislation setting maximum daily trading limits. 2,000 dollars For new customers using crypto ATMs in the state.
Edited by Sebastian Sinclair
Daily Debrief Newspaper
Start every day with top news stories, plus original features, podcasts, videos and more.