Dear Vice President Harris,

As you are poised to become the Democratic Presidential nominee, we write to urge you to take a forward-looking approach on digital assets and blockchain technology, an area that holds immense potential for innovation, economic growth, and financial inclusion.

Representing the emerging stance of the Democratic Party and the United States, leaders such as Senate Majority Leader Chuck Schumer, Speaker Emerita Nancy Pelosi, and a majority of House Democratic leadership have recently supported pro-digital asset legislation. However, there is a public perception that the party holds a negative viewpoint on digital assets, largely due to the Biden/Harris Administration’s notably cautious and at times hostile approach to these transformative technologies. We believe this previous hostility does not reflect the progressive and inclusive values of your Party. Your expected candidacy for President represents an opportunity to change that perception.

Over 50 million Americans have embraced digital assets, seeing them as a means to democratize finance, spur innovation, and create new economic opportunities. Data shows that digital assets are being adopted at higher rates among Black and Latino Americans and immigrant communities, key constituencies of the Democratic party compared to traditional financial products. These technologies are revolutionizing opportunities for these communities, reflecting its transformative potential.

Digital assets and blockchain technology are not merely financial instruments but represent a revolutionary shift that can enhance transparency, reduce fraud, and create a more inclusive financial system. We believe this technology is non-partisan and the Democratic Party should also champion these innovations to help reaffirm the U.S.’ position as the leader in the global digital economy.

We respectfully call on you to:

1. Advocate for the Inclusion of Pro-Digital Asset Language in the Party’s Platform: It is imperative that the party’s platform reflects the potential benefits of digital assets and blockchain technology.
2. Select a Vice-Presidential Candidate Sophisticated in Digital Asset Policy: Choose a running mate with a proven track record of engaging with digital asset technology and proposing pro-innovation policies, such as Colorado Governor Jared Polis.
3. Engage with Industry Leaders: We urge you to sit down with leaders in the digital asset and blockchain industry to discuss policies that support and nurture this technology.
Open dialogue with industry experts will provide valuable insights and help craft policies that encourage growth while ensuring consumer protection and financial stability.

The future of digital assets and blockchain technology is a critical issue that requires informed and progressive leadership. By embracing this technology, we can harness its potential to drive economic growth, foster innovation, and promote financial inclusion for all Americans. We are hopeful that with your leadership, the Democratic Party can pivot towards a more supportive stance on digital assets, aligning with the aspirations of millions of Americans who believe in the transformative power of this technology.

Thank you for considering our views. We are eager to support any efforts of yours to integrate digital assets into our nation’s economic framework.

Sincerely,

The Digital Chamber

For more information, please contact: press@digitalchamber.org 

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