coindesk.com
Stand With Crypto, a bipartisan advocacy group, has moved Democratic nominee Kamala Harris' rating to 'NA' from B.
The democrats do not have a comprehensive crypto policy, unlike the Republican campaign.
Democratic nominee Kama Harris is now ranked 'NA' by Political Action Committee Stand With Crypto, a downgrade from her previous rating of 'B.'
Harris' prior rating of B was based on a quote from a recent speech she gave to donors, in which she said she would "invest in America's future" and encourage "innovative technologies like AI and digital assets while protecting consumers and investors."
However, aside from that, her campaign lacks a crypto policy.
In contrast, the Republican campaign has a specific crypto policy, which says it will "end Democrats' unlawful and unAmerican Crypto crackdown and oppose the creation of a Central Bank Digital Currency". Also, it promises to "defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their Digital Assets."
CoinDesk recently reported, citing campaign sources, that Harris' campaign isn't likely to include a deep dive into her crypto views.
Sources that spoke to CoinDesk said her campaign is keeping digital assets policy broad and high-level, with crypto as one of several economic innovations she plans to highlight.
The campaign is maintaining high-level discussions with crypto insiders, including executives from Ripple Labs and Coinbase.
Speaking earlier with CoinDesk, Coinbase's Chief Legal Officer Grewal expressed optimism about the Harris campaign's growing understanding of crypto industry needs, noting progress in both her and Republican candidate Donald Trump's positions.
"All we want are sensible rules, and we'll follow them," he told CoinDesk.
Grewal also told CoinDesk that he hoped crypto would remain a non-partisan issue, with Circle's Jeremy Allaire later echoing the sentiment during an interview with CNBC, calling it a "purple" issue.
Bettors on PolyMarket are giving Harris an edge, assigning her a 50-48% chance over Republican candidate Trump.