The race for the presidency is heating up in the cryptocurrency world as Democrats launch the “Crypto for Harris” campaign to counter Donald Trump’s growing appeal within the industry. With the upcoming virtual town hall featuring prominent crypto advocates and Democratic House members, the initiative aims to rally support and fundraising efforts for Vice President Harris.
As Trump gains traction within the Bitcoin and crypto sector, promising the creation of a strategic Bitcoin reserve and proposing to use it to pay off the country’s debt, both parties are now vying for the support of the estimated 50 million Bitcoin and cryptocurrency holders in the United States.
“We’re not giving this issue to Trump,” said Democrat U.S. Congressman Wiley Nickel. “We want to encourage innovation and protect consumers, but allowing crypto to become a political football is only going to set the U.S. further behind.”
In response to Trump’s influence, Harris has added two crypto advisers to her campaign, further solidifying her stance on the issue. With the presidential race tightening, the battle for crypto voters is on, and both parties are pulling out all the stops to secure their support. Stay tuned for more updates on this developing story.