Harris’ previous ‘B’ rating was based on a quote from a speech she gave to donors.

In that speech, Harris promised to “invest in America’s future” and “protect consumers and investors while promoting innovative technologies such as artificial intelligence and digital assets.” However, apart from this speech, Harris’ campaign does not include a concrete crypto policy.

This made Harris’ campaign a target of criticism within the crypto community. At a time when cryptocurrencies and blockchain technology are increasingly at the center of economic and political debates, the crypto community sees the lack of a clearer crypto policy on Harris’ platform as a major omission.

For now, Harris’ campaign plans to consider crypto alongside other economic innovations. However, this approach is perceived as an uncertain stance among crypto investors and industry leaders.

On the other hand, it is observed that the Republican Party has determined a clearer policy against crypto. The Republican campaign says Democrats will pledge to end the “illegal and un-American crypto crackdown” while also opposing the creation of a “Federal Bank Digital Currency.”

Additionally, Republicans promise to defend Bitcoin mining and ensure every American’s right to self-custody their digital assets. These promises have found wide support in the crypto community because these policies appeal to the core values ​​of the cryptocurrency ecosystem and individual freedoms.

Kamala Harris’ campaign, on the other hand, refrains from announcing a detailed policy on crypto. Harris’s digital assets policy is broad and considered as a whole with other economic innovations. However, the campaign is highly engaged with prominent figures in the crypto industry.

Regular meetings are held with executives of major players in the cryptocurrency industry such as Ripple Labs and Coinbase. These contacts raise some hope that Harris’ campaign may clarify its stance on crypto over time.

Coinbase’s General Counsel Paul Grewal says the Harris campaign has made progress in understanding the needs of the crypto industry. Grewal notes that there have been developments in both Harris’s and Republican candidate Donald Trump’s positions on crypto policies.

Grewal summarizes the expectations in the industry by saying, “All we want are sensible rules and we will comply with them.” Grewal also argues that crypto should be treated as a nonpartisan issue. This view is also supported by Circle CEO Jeremy Allaire.

In an interview with CNBC, Allaire notes that crypto is a “purple” issue, meaning it can be supported by both Democrats and Republicans.

With so much political conflict in the crypto market, Harris’ campaign’s approach to crypto will be under increased scrutiny. According to data on betting platforms such as PolyMarket, Harris’ chances appear to be slightly favored over Republican candidate Donald Trump, 50% to 48%.

But uncertainty over crypto policies could impact Harris’ support among crypto investors and industry professionals. The fact that crypto policies come to the fore more in political campaigns shows that the importance of cryptocurrencies in the economic and political arena is increasing.