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TEXXR

Chronicles

The story behind the story

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Kamala Harris is courting crypto investors and pro-crypto Democrats in Congress, as some prominent Democrats temper their initial skepticism of crypto assets

For Now Yves Smith / naked capitalism : Progressives Sound Alarm as Harris Courts Crypto Industry David Dayen / American Prospect : Not Enjoying the Mark Cuban for President Campaign Jasper Goodman / Politico : Harris crypto pitch keeps divided Democrats at bay Steven Walgenbach / Inside Bitcoins : Kamala Harris Vows To Keep The US Dominant In Blockchain Technology Vinamrata Chaturvedi / Quartz : Kamal Harris is wooing crypto voters in the homestretch of the presidential race Blockworks : China goes big on stimulus to recover from stagnation Tim Craig / DL News : Crypto mavens dismiss Harris' ‘hollow words’ as presidential hopeful courts industry G Clay Miller / CoinDesk : How a Harris ‘Opportunity Economy’ Will Benefit the Crypto Industry Christian Encila / Bitcoinist.com : Mark Cuban Says He'd Take Over SEC From Gensler Under A Kamala Harris Presidency Brenda Ngari / ZyCrypto : Kamala Harris Says Her White House Will Ensure US Dominance In Blockchain Harry Clynch / Disruption Banking : What Are Harris And Trump Saying About Crypto? Martin Young / CryptoPotato : From Silence to Support: Kamala Harris Advocates for Blockchain in Latest Speech Bhushan Akolkar / Coinspeaker : Kamala Harris Eyes US Domination in Blockchain and AI Technology X: Joseph Zeballos-Roig / @josephzeballos : For more on Harris extending a potential olive branch to crypto world as Trump goes all in, the story link is here: https://www.semafor.com/... https://x.com/... Rep. Wiley Nickel / @wileynickel : Enjoyed talking with @semafor about @KamalaHarris's major reset on #crypto policy. We're going to see a much more balanced approach from a Harris administration on this issue. https://www.semafor.com/... Jordan Weissmann / @jhweissmann : It's a little hard to tell at this point if Democrats are more worried about pro-crypto donors or pro-crypto voters, but either way it's obviously shaping policy. Good scoop from @josephzeballos. https://www.semafor.com/... Joseph Zeballos-Roig / @josephzeballos : 🟡SCOOP: Harris steps up her courtship of crypto sector & their Dem allies in Congress. Brian Nelson + Louisa Terrell are key Harris emissaries, per 2 sources. Rep. Nickel says to expect “a more balanced approach” Mark Cuban enlisted for Cap Hill visit https://www.semafor.com/... @semafor : Kamala Harris isn't just talking about a friendlier approach to cryptocurrency than Joe Biden. She's already dispatching aides to court well-heeled crypto investors and their Democratic allies in Congress, @josephzeballos reports. https://www.semafor.com/... Anand Sithian / @sithiananand : Harris escalates her courtship of #crypto | Semafor “You're going to see a much more balanced approach from President Harris on this issue,” Congressman Nickel said; “ and he'd spoken to her advisers about #blockchain technology.” ⁦@Crypto4Harris⁩ https://www.semafor.com/... Forums: r/DeepFuckingValue : Kamala's campaign recently called Mark Cuban to ask them a million questions about crypto and Mark had already shown HUGE support for GameStop and retail investors … r/ethtrader : Both politicians are liars. They don't care about crypto. All they want is votes of crypto fans.

Semafor Joseph Zeballos-Roig

Context & Ripple Effects

The outreach extends a campaign effort that had already included approaches to major crypto companies to reset relations with the industry and a Crypto4Harris event featuring prominent advocates. It now tests whether that engagement can translate into support among investors and Democratic lawmakers.

The shift follows Harris’s public commitment to grow investment in AI and digital assets, moving crypto from behind-the-scenes outreach into a stated campaign priority. Skepticism remains consequential because some industry figures regard the pitch as insufficiently substantive.

First-order effects

  • Harris’s campaign gains a clearer channel to crypto investors and pro-crypto Democrats in Congress, while aides and outside advocates such as Mark Cuban become visible intermediaries.
  • Crypto businesses and investors receive a stronger signal that a Harris administration could take a more accommodating posture, but no specific regulatory change is reported.

Second-order effects

  • The campaign will face pressure from crypto supporters to turn broad commitments into concrete positions on SEC oversight and blockchain policy; vague assurances risk leaving skeptical industry figures unmoved.
  • Democratic lawmakers who favor crypto gain more room to argue for a balanced party stance, while party members who remain skeptical must contest that shift within the coalition.

Third-order effects

  • If this repositioning persists, crypto policy could become less cleanly partisan, with electoral competition focused more on the terms of regulation than on whether the sector merits political engagement.
  • The episode reinforces the crypto legitimacy gap: industry acceptance depends not only on campaign outreach but on whether political support yields durable, credible policy commitments.

The trend: US political campaigns are treating crypto as a constituency whose investors, companies, and congressional allies can influence broader technology-policy coalitions.

Discussion

  • @josephzeballos Joseph Zeballos-Roig on x
    For more on Harris extending a potential olive branch to crypto world as Trump goes all in, the story link is here: https://www.semafor.com/... https://x.com/...
  • @wileynickel Rep. Wiley Nickel on x
    Enjoyed talking with @semafor about @KamalaHarris's major reset on #crypto policy. We're going to see a much more balanced approach from a Harris administration on this issue. https://www.semafor.com/...
  • @jhweissmann Jordan Weissmann on x
    It's a little hard to tell at this point if Democrats are more worried about pro-crypto donors or pro-crypto voters, but either way it's obviously shaping policy. Good scoop from @josephzeballos. https://www.semafor.com/...
  • @josephzeballos Joseph Zeballos-Roig on x
    🟡SCOOP: Harris steps up her courtship of crypto sector & their Dem allies in Congress. Brian Nelson + Louisa Terrell are key Harris emissaries, per 2 sources. Rep. Nickel says to expect “a more balanced approach” Mark Cuban enlisted for Cap Hill visit https://www.semafor.com/...
  • @semafor @semafor on x
    Kamala Harris isn't just talking about a friendlier approach to cryptocurrency than Joe Biden. She's already dispatching aides to court well-heeled crypto investors and their Democratic allies in Congress, @josephzeballos reports. https://www.semafor.com/...
  • @sithiananand Anand Sithian on x
    Harris escalates her courtship of #crypto | Semafor “You're going to see a much more balanced approach from President Harris on this issue,” Congressman Nickel said; “ and he'd spoken to her advisers about #blockchain technology.” ⁦@Crypto4Harris⁩ https://www.semafor.com/...
  • r/DeepFuckingValue r on reddit
    Kamala's campaign recently called Mark Cuban to ask them a million questions about crypto and Mark had already shown HUGE support for GameStop and retail investors …
  • r/ethtrader r on reddit
    Both politicians are liars. They don't care about crypto. All they want is votes of crypto fans.