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International Business Times
International Business Times
Business
Marvie Basilan

Crypto's 'Outsized Impact': 14 Democratic Reps Urge DNC To Take 'Forward-Looking Approach'

Crypto DNC Democratic Party Bitcoin Kamala Harris Elizabeth Warren Mike Alfred SEC United States Wiley Nickel
A group of Democratic Congress members have acknowledged the impact of crypto on the November elections. (Credit: Coinbase Twitter Video/Screenshot)

KEY POINTS

  • The lawmakers said crypto and blockchain hold 'immense potential' for US innovation and economic growth
  • They urged the DNC to adopt pro-digital asset language in the party's 2024 platform
  • They also encouraged the selection of a SEC chief who is 'pro-innovation'

More and more Democratic policymakers are turning toward the digital assets industry, as a group of representatives and three 2024 candidates urged the Democratic National Committee to adopt a pro-crypto platform and take a more open-minded approach when it comes to cryptocurrencies.

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