For the past two years, the Biden Administration has alternated between ignoring crypto and waging a fire-and-brimstone campaign of maximum hostility. It makes even less sense now that Donald Trump and the Republican Party have made crypto part of their official party platform.
Changing course on crypto would not require Herculean effort. Progressive Democrats suggest easy steps, like taking the industry seriously, encouraging education, and engaging with crypto stakeholders for effective policy crafting.
Vice President Harris should accept crypto's endurance, establish an advisory council, engage with crypto executives, users, and technology firsthand to comprehend the field better. Education and hands-on experience are crucial for policy development.
#democratic-party-reset #biden-administration #crypto-policy #education-on-crypto #stakeholder-engagement
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