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Coinbase Policy Chief Endorses Kamala Harris’ Crypto Industry Expansion Policy Efforts

August 22, 2024
in Regulation
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The policy chief of the largest US-based crypto exchange by trading volume is backing Kamala Harris’ efforts to work with the digital assets industry.

In response to a Bloomberg article reporting that the Harris campaign is seeking to expand crypto, Coinbase Chief Policy Officer Faryar Shirzad says he has been present with the Harris campaign for policy discussions.

“Have been pleased to take part in a number of discussions with the Harris team.  

Very much appreciate their constructive approach and their focus on advancing innovation, jobs and consumer protection in the US.  

The dialogue had been an important first step, and Brian Nelson’s statement is an encouraging second step in the right direction.”

Source: Faryar Shirzad/X

According to the Bloomberg report, Vice President Kamala Harris’ campaign will aim to support policies to expand the crypto industry, acknowledging the growing influence of the digital assets sector while trying to separate itself from Biden’s crypto campaign policies.

Said Brian Nelson, senior campaign adviser, during a Bloomberg News roundtable at the Democratic National Convention,

“She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow.”

The news comes a week after Circle CEO Jeremy Allaire called on Harris to clearly announce her stance on crypto assets.

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