U.S. Vice President Kamala Harris “understands” cryptocurrencies and may make them an issue in her campaign for the White House, Rep. Wiley Nickels (D-North Carolina) said at the Bitcoin Nashville conference on Saturday.
“The presidential election has been completely reset,” Nickel said, adding that he had “worked hard to get a reset from the vice president.”
Nickel said the comments came as 28 Democratic Party officials, including about a dozen House members, urged party leaders to “reset” crypto policy. Nickel said some factions within the party have been pressuring Harris’ team to support cryptocurrencies.
Cryptocurrencies continue to emerge as a campaign issue in the 2024 election, with tens of millions of dollars already pouring in from industry leaders, as Democrats fall far short of former President Donald Trump’s promises to be friendly to bitcoin and cryptocurrency supporters who were upset by President Joe Biden’s administration and heavy-handed financial regulators.
But Trump himself has previously bristled at cryptocurrencies, calling bitcoin a “scam” while in the White House from 2017 to 2020. Onstage, Nickel criticized Trump for the policy gyrations, drawing loud boos from the packed red MAGA hat room where Trump is scheduled to speak later in the day.
This is a developing story.
