The post Kamala Harris Urged To Host Crypto Policy Roundtable In October appeared on BitcoinEthereumNews.com.

Vice President Kamala Harris’ campaign team has been sent a letter by a group of Web3 and decentralized finance (DeFi) leaders requesting a meeting. They are looking to debate on measures that can foster innovation in the US blockchain and cryptocurrency markets without leaving anyone behind. The letter, sent on Tuesday, was signed by more than 20 members of the crypto industry such as Cleve Mesidor of the National Policy Network WOC Blockchain and Olayinka Odeniran of the Black Women Blockchain Council. The signers stressed the importance of policies that enable all kinds of creators and guarantee that US continues to dominate the Web3 frontier. Kamala Harris Urged To Host Crypto Policy Roundtable In their letter, the group urged the Kamala Harris-Walz campaign to participate in a conversation on the parameters for a regulatory environment that would enable such innovation in Web3 and DeFi. They called for the establishment of rules that can support consumer protection and at the same time foster financial access and capital accumulation. The leaders complained that the current policies put in place have made it hard for the vulnerable groups to get into cryptocurrencies. The signers noted that people of color including the black, Latino, Asian American and Indigenous are the early adopters of crypto but are still excluded from the traditional financial system. Concurrently, they demanded for an inclusion of their voices in the policy making process so as to be part of the decision making forum. “We want a seat at the policy table and a say in the regulatory debate,” they wrote. “Diverse communities have been integral to the success of this industry since its early days.” Policy Recommendations for an Inclusive Web3 Market Structure The letter to the Vice President made several policy suggestions, among which were the improvement of market…

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Filed under: News - @ October 1, 2024 9:30 pm