U.S crypto lobby group urges VP-elect Harris to “embrace digital assets”

U.S crypto lobby group urges VP-elect Harris to “embrace digital assets”

U.S. crypto lobby group urges VP-elect Harris to “embrace digital assets” The Chamber of Digital Commerce, a U.S. crypto lobbying group, has sent a letter to Vice President-elect Kamala Harris in which the group urges her to take a forward-leaning approach to digital assets. The group highlights the increasingly pro-crypto language coming from the Democratic party and its selection of a crypto-friendly running mate, adding that Harris should engage directly with leaders in the industry. The letter comes as the cryptocurrency market continues to grow rapidly, with Bitcoin and other digital assets reaching new all-time highs in recent months. The group argues that the U.S. government needs to take a proactive approach to regulating the cryptocurrency industry in order to protect consumers and foster innovation. It remains to be seen how Harris will respond to the group's letter. However, her past statements on cryptocurrency have been generally positive. In a 2018 interview with Fortune, she said that she believes cryptocurrency has the potential to be a transformative technology. The group's letter is a sign of the growing influence of the cryptocurrency industry in Washington. As the industry continues to grow, it is likely that we will see more lobbying efforts from groups like the Chamber of Digital Commerce.