Circle CEO says Harris campaign committed to understanding crypto policy News ▸ US ▸ Election 2024
Circle CEO says Harris campaign committed to understanding crypto policy
Allaire shared that Harris' presidential campaign is actively engaging with the crypto industry in a "concerted effort" to deepen its understanding.
2 min read
Updated: Aug. 14, 2024 at 9:16 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Circle CEO Jeremy Allaire expressed optimism about Vice President Kamala Harris’ rumored shift to a more favorable stance toward crypto.
He made the comments during a CNBC interview on Aug. 14, where he shared that Harris’ presidential campaign is actively engaging with the crypto industry in a “concerted effort” to deepen its understanding of crypto-related policies ahead of the 2024 US elections.
According to Allaire:
“There is a concerted effort both from the administration and the Harris campaign to really get to know the issues, the players, the industry, and the policy issues.”
He also shared his observations from an Aug. 8 virtual roundtable with White House officials, Harris campaign representatives, US lawmakers, and industry leaders during the interview.
The Circle CEO said the event highlighted the bipartisan nature of the issue and its importance for voters. He added that the industry is seeking clarity around Harris’ intended economic policies and her stance toward crypto.
Harris vs. Trump
The focus on crypto comes at a time when the industry has gained significant attention in Washington. Allaire noted that just a few years ago, the notion of crypto being a topic in a presidential race would have seemed improbable.
Harris has yet to outline a comprehensive economic platform that includes her stance on cryptocurrencies. However, her campaign’s engagement with industry experts suggests that digital assets are being considered a policy priority.
In contrast, the Republican nominee, former President Donald Trump, has already made crypto a part of his campaign. Trump directly addressed crypto users at the Bitcoin 2024 conference in July, positioning digital assets as part of his party’s official platform.
While it remains uncertain whether Trump will fully support crypto policies if elected, Allaire pointed out that he is surrounded by knowledgeable advisors on the subject.
As of mid-August, Harris leads Trump in several key battleground states, according to market prediction platform Polymarket, holding an eight-point advantage nationwide.
The two candidates are expected to discuss their economic policies, including their positions on digital assets, during a televised debate scheduled for Sept. 10.
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Author 
Assad Jafri
AJ, a passionate journalist since Yemen's 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now focuses on crypto reporting.
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In this article
Circle
Circle Internet Financial Ltd is a global internet finance company, built on blockchain technology and powered by crypto assets.
Polymarket
Polymarket is a decentralized prediction market platform that enables users to bet on world events using cryptocurrency.
Jeremy Allaire stands as the founder, chairman, and CEO of Circle, a trailblazing consumer Internet company.
Kamala Devi Harris (born October 20, 1964) is an American politician and attorney serving as the 49th Vice President of the United States.
A businessman, politician, and media personality, Donald John Trump served as the 45th president of the United States from 2017 to 2021.