Key Points:
Read more: Kamala Harris Campaign Seeks New Relations with Crypto Industry to Find Support
The crypto executives meeting comes days after an August 2 Bloomberg report that executives in the cryptocurrency space will meet with White House aides and Representative Khanna next week to express their concerns regarding digital assets and pitch for changes in policy. Attendees at the roundtable include Anita Dunn, senior White House adviser who is on her way out; National Economic Adviser Lael Brainard; and Bruce Reed, Deputy Chief of Staff.
A marquee guest of the summit is expected to be Ripple CEO Brad Garlinghouse—and cofounder Chris Larsen—who have been extremely critical of the regulatory stance that the US Securities and Exchange Commission took under Chair Gary Gensler. The lawsuit by the SEC against Ripple started in the Trump administration and rolled over to the administration of Biden.
Last month, it had 14 Democratic House members who were pushing for pro-crypto language in the party’s platform and a new, pro-innovation SEC chair. The crypto executives meeting follows a July roundtable that saw deep engagement between crypto executives and the White House’s very own Ripple and Coinbase.
With almost 50 million Americans now invested in digital assets, US presidential hopefuls are turning up the jets to appeal to crypto-focused voters. GOP hopeful and former President Donald Trump has pitched himself as a pro-crypto champion who vows to make the US the world leader in cryptocurrency by firing SEC Chair Gensler if he is elected again.
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